Thursday the 3rd

 Why China’s commodities demand is different, China Steel story has a long way left to run, with India to follow : FT Alphaville » {http://on.ft.com/JEuNe3}

The European Economy In April - Business Insider
Now that we have a chance to breathe, and look back over the last batch of PMI numbers for Europe, it becomes clear that April was just an extraordinarily bad month for economic activity.
{http://read.bi/JEuWyc}

It must be a culture thing.. {http://www.businessinsider.com/how-to-drive-stick-2012-5}  ....

John Arnold, the natural gas king, is closing his flagship fund. Centaurus Capital’s Energy Master Fund will return money to investors. Natural gas futures tumbled on the news. Arnold famously took opposing bets to Amaranth Advisors in 2006, gaining 300 per cent for his fund (Reuters). {http://reut.rs/JEvHXY}

Venus to appear in once-in-a-lifetime event
On 5 and 6 June this year, millions of people around the world will be able to see Venus pass across the face of the Sun in what will be a once-in-a-lifetime experience. {http://bit.ly/JEwtEn}

Go Ron..
Our central bankers are intellectually bankrupt By Ron Paul - FT.com {http://on.ft.com/JYU8Os}

Can Greek Election on Sunday Bring Change to the Country? Greek voters are slated to head for the polls this weekend. The candidates are pledging to change everything in the crisis-plagued country. But in many cases these promises are coming from the very politicians who helped drive the country into the abyss.- SPIEGEL ONLINE {http://bit.ly/JYWBsg}

China’s Vanishing Trade Imbalance - NYTimes.com
America’s economic imbalance with China has been a singular concern of policy makers for more than half a decade. {http://nyti.ms/IwyAdE}

China’s Population Crash Could Upend U.S. Policy - Bloomberg
It isn’t quite true that demography is destiny. But if Nicholas Eberstadt is right, our destiny is going to be shaped by demography in ways we may not expect.
{http://bloom.bg/IwyByi}


The famous last words of Crocodile Edwards; SocGen super bear, Albert Edwards
{http://ftalphaville.ft.com/blog/2012/05/03/986291/you-call-that-a-credit-bubble-this-is-a-credit-bubble/}
see full doc here {http://www.scribd.com/doc/92216557/Albert-Edwards-May-3}