Economy:
This Is a Recovery Worth Getting Excited About – Atlantic
A Lost Decade for Young Workers – Atlantic
Most Wealthy Americans Think US Is Still in Recession – CNBC
The Prestige Chase Is Raising College Costs – New York Times
Markets:
Bad News for Boomers: Demographic trends will depress portfolio returns – Wall Street Journal
Arse Backwards: The Federal Reserve’s Approach to the Housing Market – Forbes
Currency Volumes Surpass Pre-Lehman Peak, BIS Estimates – Bloomberg
Moody’s declares Greece to be in default on its debt – Raw Story
Market Exchange Rules Responsible for Wealth Concentration, Physicists Say – Science Daily
Politics:
The Fed Is A Piker Compared To The ECB – Business Insider (Jim Grant)
Forget ‘economic spring’ – Greek outlook is stormy – Telegraph
Iceland Will Adopt Euro or Other Currency, Prime Minister Says – Bloomberg
Banks:
How Alchemists Invented Modern Finance: Echoes – Bloomberg