Economy:
America’s economy: Distress signal – Economist
“Economic Armageddon”: Washington’s Response to a Failed Ecomomy: More War – GlobalResearch.Ca
American recessions and recoveries: Recessions compared – Economist
Weak economy to prompt Fed QE3? Not so fast – Reuters
Markets:
Banks Find Few Signs of Default Distress in Repo, Credit Markets – Bloomberg
Markets could be nearing a tipping point – Washington Post
Politics:
Top Sen. Republican: deal very close on default – Associated Press
Deal Framework Reached on Raising U.S. Debt Ceiling – Bloomberg
Can a giant platinum coin save our credit? – Bloomberg
There never was a surplus – Economist
Moody’s: Neither debt plan protects the nation’s AAA rating – The Hill
Lessons of Lower Ratings – Wall Street Journal