felix salmon on the new greece plan (21/2)

Are we really going to repeat — on a much larger scale — the very same mistake that Ireland made? Does no one in Europe realize that this is the single worst thing they can do?

Markets reflect underlying realities, and up until n

on what the fed does, or all central banks should do

great summary of the european crisis

excellent analysis of the greek referendum

very good summary, economist cover story

can chinese fx reserves help in bailing out europe? fareed zakaria

And so I listen. I feign dispassion but I'm not fooling anybody. Somehow they can tell that I care and thank me even as they admit that it isn't my fault, that it isn't my responsibility to listen. I've stood inside another's dream for an hour as they spoke, not really to be heard but to say goodbye - to leave the ghosts behind.

They go to the car and return with the openers.

The keys are peeled from a ring.

They thank me. Sometimes they cry.

And they're gone.

why do yields fall even after s&p downgrade? new "path-breaking" imf paper talks of institutional cash pools that no longer can invest in creations of the shadow banking system (gillian tett)

from der spiegel

eichengreen

by gillian tett

novel martin shubik auction game

Ezra Klein

increase in global sovereign debt

The travails of Greece