Apologies for the thin links. I have to be on a plane at what is an ungodly early hour for me. So I hope readers will provide additional links in comments for the benefit of all.
When in Doubt, Shout Paul Kedrosky
One nation, under fraud Joseph Tauke, The Daily Caller. A lively, non-technical piece on the foreclosure crisis. A good review for those who want to catch up on this story.
Japan, Once Dynamic, Is Disheartened by Decline New York Times
How Countrywide Covered the Cracks Gretchen Morgenson, New York Times
The historical echoes of the mortgage bond scandal Felix Salmon
Wow Streetwise Professor
“Income Inequality: Too Big to Ignore” Mark Thoma
Antidote du jour: