Economy:
5% of Americans Made Up 50% of U.S. Health Care Spending – The Atlantic
Things We’re Supposed To Be Quiet About – New York Times (Krugman)
Many Americans gave up hope last year – 2012 will be worse – Guardian
U.S. Trade Deficit Widens More Than Economists Forecast as Exports Decline – Bloomberg
Downgrade of Debt Ratings Underscores Europe’s Woes – New York Times
U.S. recovery can survive Europe’s recession – Chicago Tribune
Markets:
Oil Producers Keen To Defend Crude Price – Forbes
Nine Euro Nations’ Ratings Cut, Seven Affirmed – Bloomberg
Politics:
We’d All Better Hope Krugman Is Right On The U.S. Debt – Forbes
The evolution of American debt – Salon
Obama Starts Clock for Congress to Vote on Raising Federal Debt Ceiling – Bloomberg
Fed’s Bullard Says Some Housing Market Remedies Invite Disaster – Wall Street Journal
Banks:
BofA ponders pulling back from parts of country – Dallas Business Journal
JPMorgan profit falls, but sees hope in economy – Reuters
