I will be taking Saturday through Monday off to spend some time with my family. Hopefully it will be a slow weekend on the economic front.
In the meantime, The New York Times has some overview articles on a few topics we’ve raised recently:
- The role of Chinese savings in the bubble
- The collapse in Japan’s export sector
- Germany’s reluctance to launch a large stimulus package
Here’s another interesting article in the WSJ; “The Isle That Rattled the World”. URL – http://online.wsj.com/article/SB123032660060735767.html.
Read how all the major banks of Iceland (highly overleveraged) brought its economy down.