If you are down under, pet a ‘roo or drink some shiraz for me!
Why the Federal Reserve should LITERALLY throw money out of helicopters John Hempton. And do read the post that prompted it: Inflation v. Deflation Cassandra
The benefits of a single European bond Wolfgang Munchau, Financial Times
Jack Welch Believes the TARP Is Working The Good News Economist, Seeking Alpha. In case you needed some comic relief.
Lynched at Merrill Financial Times. Somewhat sympathetic, with good dirt.
Oil Cartel Keeps Cuts on Track New York Times
Bad news: we’re back to 1931. Good news: it’s not 1933 yet Ambrose Evans-Pritchard, Telegraph
Fuld Sold Florida Mansion to His Wife for $10 New York Times
Peter Schiff Was Wrong Michael Shedlock
Interview with the central banker of Zimbabwe Tyler Cowen (hat tip reader Tim)
Antidote du jour: