Some things I’m reading this morning:
- The disastrous consequences of not raising the debt ceiling (PragCap)
- Why stocks will drop 42% (Marketwatch)
- Another test of Keynesian economics is underway in Japan (NYT)
- When the market was in its free-fall, many swore it off for good. What’s sadder about the huge stock recovery: That they missed out? Or still have yet to realize it? (Businessweek)
- Government spending as a % of GDP in the U.S. & other developed nations (BusinessInsider)
- Tuition will likely decline this year in a record 15 percent of U.S. public universities (Reuters)
- The 4-week manipulated price in oil is criminal (EconMatters)
- Britain’s got a drinking problem (Economist)
- 10 things to do in Chicago this weekend (ChicagoTribune)
