Economy:
Nobody Understands Debt – New York Times (Krugman)
U.S. Growth May Accelerate as Europe Shrinks – Bloomberg
World’s Woes Leave Lasting Scars – Wall Street Journal
I Just Got Here, but I Know Trouble When I See It – New York Times
Kotlikoff: Start Saving or Get Ready for U.S. Decline – Bloomberg
Markets:
Who Is Really Responsible for the Housing Crisis? – The Atlantic
Increase in short sales give market a little breathing room – MSNBC
Analysts predict a volatile market, moderate improvement in stocks for 2012 – MSNBC
Politics:
Europe cannot save the euro, nor save itself from the euro – Telegraph
Spain to Cut Spending, Boost Taxes – Bloomberg
Why ZIRP doesn’t work – Reuters
Banks:
Banks Trail the Market: Financial Losers – The Street
Bank CEOs Earn Big Bucks Even as Stocks Get Slammed – CNBC