The markets went on a wild ride in the last days and – as if it wasn’t enough – the week ended with the news that S&P downgraded the U.S. debt rating to AA+ from AAA. Well, as the mess is spiraling into gigantic proportions, expect more crazy days/weeks to come and be careful what you bet on.
Here’s a collection of interesting articles from all around the web.
- Please Europe, either put up or break up (Telegraph Blogs)
- Welcome to the Recovery (NY Times, article from 2010, h/t wb)
- Goldman Revises All FX Pair Forecasts With Emphasis On USDJPY and USDCHF: Complete List Inside (ZeroHedge)
- The jobless future (BuzzMachine)
- Euro dream threatens to become nightmare (The Irish Times)
- S&P Downgrading US (The Trader)
- On the S&P ratings move (ZeroHedge)
- Will Obama be reelected? The economy could hold the answer (The Washington Post)
- S&P’s credit rating cut: Downgrading our politics (The Economist)
- How To Cut Hundreds of Billions in War Spending (Alternet)
- Privacy: Fading Fast (News Junkie)
- The Debt Supercycle (Daily Reckoning)
- Forget WiFi, Connect to the Internet Through Lightbulbs (Good)
- Friday: five stories, five questions (FT Alphaville)
- Wikipedia Is Slowly Dying (Gawker)
- America Loses AAA Credit Rating (Being The Military Superpower And Money Printer In Chief Did Not Protect Our Credit) (Washington’s Blog)
- BUFFETT: “In Omaha The US Is Still Triple A” (Business Insider)
- S&P downgrades the USAAA (FT Alphaville)
- Interactive map of undersea cables (via Boing Boing & Big Picture)
- What Will The Fed Do Next Week? JP Morgan Answers (ZeroHedge)
- Cat Saturday Gallery (theCHIVE)
Enjoy your weekend
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