Wednesday 6th May

"Monetary Easing" Fixes Nothing
Central banks keep pulling their one lever to "fix" the economy, but nothing is fixed. Monetary easing only compounds the problems.
{http://bit.ly/KK5qsi}

Robert Skidelsky, an opinion writer for the Moscow Times, argues China will not become a superpower to rival the United States anytime soon
{http://bit.ly/L29gvn}

Analysis: G7 must look beyond China for euro zone rescuer
(Reuters) - Finance chiefs of the Group of Seven industrialized powers hoping China can step in to rescue the euro zone must look elsewhere for a white knight as Beijing increasingly focuses on domestic issues this year.
{http://reut.rs/L2aqqI}

Bad News Piles Up for China's Economy
Bad tidings for manufacturing and services, and weakening consumer confidence: China sure packed a lot of disappointing economic news into just a few days.
{http://buswk.co/L2aZAW}

IMF says euro needs master plan, not deadline
(Reuters) - Euro zone leaders need a master plan and "collective determination" to rescue the common currency, but not necessarily a deadline, International Monetary Fund Managing Director Christine Lagarde said on Tuesday.
{http://reut.rs/Kw536I}

Germany Grapples With Role In Rescue
BERLIN—As Europe careens deeper into political and economic crisis, the immediate survival of the euro turns more than ever on a single question: Will Germany act?

{http://on.wsj.com/L2bivA}

G7 takes no action as Spain issues desperate plea
MADRID/TOKYO – Spain said on Tuesday that credit markets were closing to the eurozone’s fourth biggest economy as finance chiefs of the Group of Seven major economies conferred on the currency bloc’s worsening debt crisis but took no joint action.
{http://natpo.st/Kw5yxH}

Muse

Securitise the Queen

{http://bit.ly/L2cQpj}

A Hamptons Handyman Tweets Out The Hilarious And Absurd Requests He Gets From 'Citiots' Every Summer
{http://read.bi/L2bZFb}