Economy:
Made in the USA, Again: Manufacturing Is Expected to Return to America as China’s Rising Labor Costs Erase Most Savings from Offshoring – Boston Consulting Group
Employment: A dirty little secret and more graphs – Calculated Risk
Portugal Says Economy to Shrink Twice as Much as Forecast Under Added Cuts – Bloomberg
Markets:
Silver Plummets 27% in Week, Most Since 1975; Gold Futures Gain – Bloomberg
Class of 2011, Most Indebted Ever - Wall Street Journal
Bitcoin virtual currency challenges world’s centralized monetary systems – Straight.com
Commodity prices remain volatile after sharp fall – BBC News
Fed’s Hoenig says easy money policy risks inflation – Reuters
Politics:
GOP’s Debt Focus Seen Limiting Obama On Economy - NPR
U.S. Will Urge China to Boost Interest Rates in Washington Talks – Bloomberg
Banks:
Goldman lobbying hard to weaken Volcker rule – Reuters
When will the Fed start caring about bank regulation? - Reuters
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