Monday Morning Links

MUST READS
Spain borrowing rate hits bailout danger zone - AP
Europe must act fast to avoid bank run - Bair, Fortune
Roubini ‘Perfect Storm’ Scenario Is Unfolding Now - CNBC
Dealers Declining Bernanke Twist Invitation - Bloomberg
Time for unconventional unconventional policy? - FT Alphaville
Fed officials favor QE3; Asian data signal drop in global demand - Reuters
Disability Ranks Outpace New Jobs In Obama Recovery - Investors.com
Shhh… Don’t Tell Anyone; Central Banks Manipulate Rates - Zero Hedge
Trying to Stay Focused on the Big Picture - Noland, Prudent Bear
What if the Fed Throws a QE3 and Nobody Comes? - Hussman Funds
The Wall Street Scandal of all Scandals - Robert Reich
Lie-More As A Business Model - Baseline Scenario

MARKETS/INVESTING
World oil prices rise before Norway lockout - AFP
Gold market uncertain if Fed will ease policy - Reuters
Investors Brace for Shaky US Earnings Season - CNBC
Anxious investors day trading retirement accounts - LA Times
It Ain’t Priced In - Bruce Krasting
It’s back to the waiting game - Fleckenstein, MSN Money
‘Idiots’ controlling global economy - gold in lockdown - Mineweb
The War Between Manipulation and Buying - JS Mineset
Gold – Don’t Get Carried Away - The Big Picture
How Deflation Becomes Inflation - BullionVault

ECONOMY/WORLD/HOUSING/BANKING
U.S. economy hits another big bump - MarketWatch
Why American workers are worse off today - Fortune
North Dakota’s booming economy - Washington Post
A Bruised Iceland Heals Amid Europe’s Malaise - NY Times
Japan current account, machine orders disappoint - MarketWatch
Japan fighting deflation with an aggressive QE policy - Sober Look
China inflation cools, with more easing likely - MarketWatch
China Housing Price Manipulations - Economic Policy Journal
Brace Yourself, Real Estate Prices Are Going Back Up - Bloomberg
Closer to a bailout? FHA’s mortgage delinquencies soar - CNN/Money
Employment Report Not Helpful - Fed Watch
What is a bank loan? - interfluidity