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Worth Reading

Bernanke joins the "recession is over" crowd.

Fed unlikely to cut back on mortgage purchases.

Does Krugman's target Robert Lucas actually agree with Krugman?

John Cochrane and Luigi Zingales say gov't indecision created post-Lehman crisis.

Fed study: 33% of companies issuing short-term debt experienced runs on it beginning in Aug '07.

Noam looks at how China keeps tabs on its biggest investment: the U.S.