1. WSJ Blog points China preparing for the crisis. It points to a report which compares the previous recessions with this one
2. JRV points beggar thy neighbour policy could be very dangerous
3. TTR points ICICI Bank draws judiciary’s ire
4. ACB has an excellent post walking to school. He also points Keynes is back
5. MR points to a paper which measures the true cost of social security in US. MR on Alan Greenspan’s comments
6. Krugman says after all the mess we could have mother of all currency crises. Rodrik agrees and suggests IMF intervention
7. FCB on credit rating agencies
8. DB Blog says US Treasury is a crisis snob
9. Econbrowser analyses Fed’s Balance sheet
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