Economy:
Just How Bad is Bad?: Nouriel Roubini and Ian Bremmer debate the double-dip recession and whether China could end up like Europe’s PIIGS – Foreign Policy
Record 45.8 million receiving food stamps – UPI.com
Beneath Jobs Report Surface Lie Some Ugly Truths – CNBC
Markets:
Asia stocks start lower; U.S. futures down – CNNMoney
Gold Futures Surge to Record on Haven Demand – Bloomberg
Politics:
1 in 3 chance of further U.S. downgrade: S&P’s Chambers – Reuters
Buffett Says Cutting U.S. Rating Was Mistake, Sees No Recession – Bloomberg
Treasury Questions Credibility of S&P Action – Bloomberg
Pimco’s El-Erian Says U.S. Downgrade Casts Doubt on Other AAA Countries – Bloomberg
An underperforming president: How Barack Obama allowed the Republicans to rout him over the debt ceiling – The Economist
A National Debt Of $14 Trillion? Try $211 Trillion – NPR
Bernanke May Borrow From JFK, Use ‘QE3’ to Buy Longer-Dated Treasurys – CNBC
