Economy:
Savings Rate Is Dropping, and Experts Are Puzzled – New York Times
Student loans in America: Nope, just debt, The next big credit bubble? – Economist
Nightmare scenario: U.S. deflation risks rising – Reuters
Markets:
Euro Drops After Italian Bond Sale; Yen Approaches Record High – San Francisco Gate
Politics:
Dear Ben: It’s Time for Your Volcker Moment – New York Times
The Path Not Taken – New York Times (Krugman)
‘The United States spends on health care alone what the 65 million people in France spend on everything.’ – Washington Post
Italy at heart of crisis as borrowing costs climb – Reuters
Banks:
Chase and Wells Fargo drop debit card fee tests; Bank of America set to adjust its plan – Washington Post