Economy:
Army of unemployed is now entrenched in U.S. – MarketWatch
Keynes and Hayek, the Great Debate (Part 1): Nicholas Wapshott – Bloomberg
More Americans than Chinese can’t put food on the table – Yahoo! News
A Dose of Financial Reality – The Simple Dollar
Markets:
Who’s Buying Foreclosed Homes and Why It’s a Problem – The Atlantic
Senate Triggers China Backlash as Bill Targets Yuan’s Value – Bloomberg
Politics:
G20 tells euro zone to fix debt crisis in eight days – Reuters
U.S. Deficit Increased to $1.3T in Fiscal 2011 – Bloomberg
Why Greece, Spain, and Ireland Aren’t to Blame for Europe’s Woes – The New Republic
Banks:
CHARTS: Here’s What The Wall Street Protesters Are So Angry About… – BusinessInsider
Goldman May Drop Bank Status Over Volcker Rule, Hilder Says – Bloomberg