Europe's fiscal dystopia: the "New Austerity" road - Counterpunch
Employment report preview - Calculated Risk
Is monetary policy too expansionary or not expansionary enough? - FT Wolfexchange
RBS tells clients to prepare for 'monster' money-printing by the Fed - Telegraph
Parenteau: Marching to Austeria* and Other Neolib Fibs - Naked Capitalism
Wall Street's New Reality - Daily Beast
The risk of recession - Credit Writedowns
Study: Nearly One in Five Mortgage Defaults Are ‘Strategic’ - WSJ
How Far Underwater Do Borrowers Sink Before Walking Away? - WSJ
UK banks’ funding fun has just begun - FT Alphaville
Quantifying the ECB overdraft - FT Alphaville
Whoa. Look at the Yield on the 10-Year - Wall Street Journal
Owning the Banking System - New Deal 2.0
Three debts: A view from emerging Europe - Vox EU
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