Web Sites That Dig for News Rise as Community Watchdogs New York Times
Volcker issues dire warning on slump Telegraph
Rents forced down by glut of homes Independent
Less to Pandit’s cost cutting than meets the eye Breaking Views
In a weird world, yields on Tips point to deflation John Dizard, Financial Times. Dizard argues TIPS are a screaming buy, depressed due to relative illiquiidty, and that their pricing makes sense only if you believe we will have three years of pretty pronounced deflation.
Addicted to Stimulus One Salient Oversight
China’s oil demand falls sharply amid global crisis: top producer AFP (hat tip reader Michael)
“Industrial Production Screams Recession” Economist’s View
Bretton Woods, a failure timeline Econospeak. Provides a short history of currency liberalization.
Antidote du jour (hat tip reader Diotima):