Illness, medical bills linked to nearly two-thirds of bankruptcies EurekaAlert (hat tip Mark Thoma). And many of them were insured…
United Plans Huge Jet Order Wall Street Journal. Dunno how it works in airlines, but in the paper business, Union Camp got massive discounts by contracting for paper machines (hugely expensive, trust me) during downturns, when everyone else paid top dollar to expand close to the peak.
Anything But Academic John Hussman (hat tip reader Lee S)
The fate of nations (graphs to contemplate) Animal Spirits
Road to Ruin: Online Lenders Fight Regulation American News Project
Krugman Gets His History Wrong William Greider (hat tip reader Joe C)
The Chicago School is eclipsed Brad DeLong, The Week (hat tip reader Andrew). A very good piece.
AIG Charity Grab: Bids to Claw Back Grants to Pay Bonuses New York Post (hat tip reader Diane)
Holes in the China Recovery Story Michael Panzner, Huffington Post
Not so Loonie BreakingViews
Banks should pay for their own bailouts Telegraph
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