I’ve run across several extremely interesting observations from econbloggers this morning that I thought I’d share with you.
• Brad Setser has an interesting take on PBoC President Zhou’s comments on the dollar of last week. As I read it he sees it as continuing justification for China pegging the yuan to the dollar.
• Edward Harrison at naked capitalism argues an interesting case: Obama isn’t the 21st century Roosevelt but the 21st century Hoover.
• Henry Blodget (along with others at Clusterstock) wonders why bankers, notably BoA’s Ken Lewis, are getting such kid glove treatement while GM’s Rick Wagoner gets the axe. I think I can explain that. The White House’s pool of economic advisor’s isn’t filled to the brim with auto execs.
• The Good News Economist lists the positive indications for the economy.
That’s the lot.