Citigroup’s outlook for the world’s economies for the next 4 years

Citi recently published its 48-page “Global Economic Outlook and Strategy” report, which provides up-to-date commentary and forecasts for the major economies covered by the bank’s army of economists, led by Chief Economist Willem Buiter.

The team recently became more optimistic about the developed markets.

Read more: http://tinyurl.com/afagbfu

Why the US is NOT the New Saudi Arabia

Here we go again, another ‘Planet Stupid’ update. All posts like this one have a predictable structure. Some egregious baloney is put out by a propaganda organization like Reuters, the Associated Press, CBS, NPR, etc. Well this load demands a refutation, which I supply. What’s different today is that I will let Brad Plumer of the Wonk Blog do the debunking.

Read more: http://tinyurl.com/8hhqx6b