GG suggested this commentary by Ambrose Evans-Pritchard: China has now become the biggest risk to the world economy
Reader “Gravy” sent a link to an interesting animated map on changes in unemployment rates.
Mr. D. sent a link to a National Pravda Radio news story: Joshua Kosman, Predicting The Next Credit Crisis. And on a similar note, GG sent this from The New York Post: Book: Spike in PE-owned firm defaults ahead
Items from The Economatrix:
Irish Government to Pay Immigrants to Go Home
Have Prices Already Risen Too Much, Too Soon?
Karl Denninger: Better Late Than Never