From the FT:
Mother of all carry trades faces an inevitable bust – Nouriel Roubini
A fruitless clash of economic opposites – Edmund Phelps
Tame the markets to make capitalism ethical - Ken Costa
We must not be too late with starting the Big Exit - Wolfgang Münchau
Capital controls – Krishna Guha, FT Money Supply
From elsewhere:
How to live in a bubble - The Economist’s Free Exchange
The Puzzle of Asia’s Rapid Rebound – Anoop Singh via IMFdirect
What rebalancing of Chinese and American consumption? – Michael Pettis
Bullish data, recoveries, crashes and the psychology of forecasting redux - Edward Harrison of Credit Writedowns via Naked Capitalism
Government guarantees on bank funding: Should we extend them into 2010 despite the improved bank profitability and the schemes’ distortionary effects? – Aviram Levy and Fabio Panetta via VoxEU
