The Swedes did nationalize. Steve Waldman, interfluidity.
Worry about a fall in China's demand for the world's goods, not a fall in China's demand for Treasuries. Brad Setser, Follow the Money.
Considering China's options in weakening global economy. David Dollar, East Asia & Pacific on the rise. (hat tip, Setser)
Global imbalances and the Triffin dilemma. John Kemp, Reuters. (hat tip, naked capitalism)
Time to take the banks into full public ownership. Willem Buiter, FT. (hat tip, naked capitalism again)
More on the bad bank. Paul Krugman, Conscience of a Liberal.
Monetary union has left half of Europe trapped in depression. Ambrose Evans-Pritchard, Telegraph.
Eastern Europe braced for a violent 'spring of discontent'. Jason Burke, Guardian.
(my concern is that the rioting that's already happened in Athens, Riga and elsewhere will ultimately spread from emerging economies to developed economies, including the U.S. when unemployment nears 10%; I wouldn't be surpirsed if it starts in California, given all that state's problems finding money to pay the bills)
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