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Noteworthy News – March 12, 2012

Economy:

This Is a Recovery Worth Getting Excited About – Atlantic

A Lost Decade for Young Workers - Atlantic

Most Wealthy Americans Think US Is Still in Recession – CNBC

The Prestige Chase Is Raising College Costs – New York Times

Markets:

Bad News for Boomers: Demographic trends will depress portfolio returns – Wall Street Journal

Arse Backwards: The Federal Reserve’s Approach to the Housing Market – Forbes

Currency Volumes Surpass Pre-Lehman Peak, BIS Estimates – Bloomberg

Moody’s declares Greece to be in default on its debt – Raw Story

Market Exchange Rules Responsible for Wealth Concentration, Physicists Say – Science Daily

Politics:

The Fed Is A Piker Compared To The ECB – Business Insider (Jim Grant)

Forget ‘economic spring’ – Greek outlook is stormy – Telegraph

Iceland Will Adopt Euro or Other Currency, Prime Minister Says – Bloomberg

Banks:

How Alchemists Invented Modern Finance: Echoes – Bloomberg


 

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