Here is your R&D for December 15th:
Only Connect from Time
Time Magazine has named Mark Elliot Zuckerberg as the 2010 Person of the Year. Zuckerberg is the founder of Facebook. Julian Assange and the Tea Party were the runner-ups.
The Municipal Debt Bubble from Reason
America’s cities and states are drowning in red ink, setting the stage for the next economic crisis.
Importing pessimism from the Economist
Asian policymakers are worried about importing inflation and sagging growth in Western nations, which have been strong export markets for them over the last decade. Asian nations also worry about a rise in commodity prices, which occurred in the spring and summer of 2008.
Under Berlusconi, Italy’s ‘Demise is Unstoppable’ from Der Spiegel
Was Berlusconi’s narrow no confidence vote victory a bad sign for Italy? According to Der Spiegel it is and they lay out why.
Poll on tax deal hints Obama still hasn’t sold public from the Washington Post
President Obama has failed to sell the American public on his tax deal with Republicans according to a Washington Post poll. According to the poll, 43% of Americans say that the tax deal will have no impact on the economy, while 17% say that it will actually hurt the economy.