Tuesday Morning Links

Spain to go to market to fund Bankia, regions - Reuters
Spain’s Borrowing Costs Rise as Bank Woes Deepen - NY Times
Greek Leftist Leader Alexis Tsipras on the ‘Austerity Diktat’ - Spiegel
Spain’s Rajoy fights losing battle to stave off EU rescue - Telegraph
China and Japan to start direct yen-yuan trade in June - BBC
China seen bringing forward stimulus plan - MarketWatch
Debt crisis: a $46 trillion problem comes sweeping in - Telegraph
Why We’re Ungovernable, Part 3: Gridlock and the Fiscal Cliff - Dollar Collapse
Saying goodbye to the middle class concept of retirement - My Budget 360
Warning: America’s new Age of Austerity starts now - Farrell, MarketWatch
College dropouts have debt but no degree - Washington Post
Barry Ritholtz on the Crisis - Capitalism Without Failure

Oil edges above $91 amid Iran nuclear concerns - AP
Gold retreats as euro surrenders early gains - Reuters
Europe Has Wall Street’s Bull on a Short Leash - CNBC
Commodity index funds and oil prices - Econbrowser
Hedge funds take bets against core euro zone bonds - Reuters
Facebook IPO - How Wall St. Lost the Retail Investor, Again - HuffPost
China’s SHFE silver futures to have impact on global market - Mineweb
China’s ICBC has big dreams for bullion business - Reuters
India Gold imports to fall up to 50 percent - BullionStreet
Rationale for holding gold better now than 10 years ago - Mineweb

The Facebook economy - Economist
America To Long-Term Unemployed: Drop Dead - HuffPost
Time to stop rewarding economists for bad behaviour - DebtWatch
Greeks Furious Over Harsh Words from IMF and Germany - Spiegel
The End Of The Euro: A Survivor’s Guide - Baseline Scenario
Greek Euro Exit Aftershocks Risk Reaching China - Bloomberg
Japan jobless rise stokes slowdown fear - MarketWatch
Housing recovery ‘well under way’ - O.C. Register
The US housing market is beginning to recover - Soberlook
House to Vote on Ron Paul Bill to Audit the Fed - New American
Plosser on the Risks from Europe - Forbes
The Bernanke Bust - Mises