Half of all children and most black children will use food stamps – Econ View
India Central Bank buys 200 tonnes gold from IMF, diversifies from dollar – FT
Tin hats: equities sharply down this morning – FT Alphaville
Manufacturers worldwide report rise in output – FT
Obama considering second stimulus – Calc Risk
Testimony to Congress: more bad property loans, prices to fall – Fed
Poland is the new Hungary, says BNP Paribas - FT Alphaville
IMF allows capital controls for emerging markets; few alternatives – FT; Money Supply
“As production goods children are inferior, while as consumption goods they’re normal” – Economist graphic

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Leading economists discuss topics raised by Martin Wolf, the FT's chief economics commentator, and others.