Geithner's new bank fix is bogus, too. Henry Blodget, Clusterstock, with reference to Paul Kasriel, Northern Trust.
The big drop: trade and the great recession. Joseph Francois and Julia Woerz, voxeu.
The confidence trick. Steve Keen, Debtwatch.
Banking fortunes: from "catastrophic" to "just awful"! Satyajit Das' blog.
Despite green shoots, odds favor more easing. Tim Duy, Fed Watch.
Distortions in the Chinese lending environment. Michael Pettis, China Financial Markets.
April economic summary in graphs. Calculated Risk.
Deflation alert: wages show biggest drop since 1950s. Jake, Econompic Data,
After the great recession. Justin Leonhardt, NYT; interview with the President.
Tracking the global recession. St. Louis Fed has charts for a # of key indicators comparing this recession to past recessions for each of U.S., U.K., Germany, France.
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