CU-Boulder-led team finds microbes in extreme environment on South American volcanoes University of Colorado Boulder News
Industry: Future factories Financial Times
Confessions of a recovering Objectivist Guardian (Ed M)
Eurozone buys itself some time Financial Times. This is a default headline.
Spain’s Blood Wedding, Ireland’s Muted Rage, Europe’s tragedy Yanis Varoufakis
Another Bank Bailout Paul Krugman, New York Times
How to save Spain’s banks – and the eurozone Wolfgang Munchau, Financial Times
Europe’s democracies must not subcontract their destiny to the Bundebank Ambrose Evans-Pritchard, Telegraph
Could Deflation Come to China? Global Economic Intersection
The Macroeconomics of Chinese kleptocracy John Hempton. Read this post in conjunction with the one above.
Wall St to lobby against ‘fiscal cliff’ Financial Times
How the Wisconsin Uprising Got Hijacked Andy Kroll, TomDispatch
Why 2012 Matters New York Review of Books. Wow, this poses the existence of a dichotomy that does not exist. And a clear propaganda tell: Manichean framing.
GE Weighs Cuts to Lending Unit Wall Street Journal (Lee S)
Dylan Ratigan Leaving MSNBC New York Times. The timing looks sus (an election year exit for a guy who has been rough on the Administration) but the official story does seem to hang together.
A financial expert says the traditional payment hierarchy has shifted, and that consumers are worried more about their cars and credit cards than their homes . Los Angeles Times. Not exactly news, but read the last para.
There is No Systemic Mortgage Fraud and We Have the Proof Global Economic Intersection. Marketing