Friday the 8th

Why cannot other European countries show this courage?

Mainly Macro {http://bit.ly/LynPbo}

Spain too big for EU rescue fund as China recoils
As Spain edges closer to a full sovereign rescue, economists have begun to doubt whether the EU bail-out machinery can raise such large sums funds at viable cost on global capital markets.
Telegraph {http://bit.ly/Lyqge0}

Bernanke Steps on Gold Bugs

WSJ
{http://on.wsj.com/Lyu3Ii}

President of Estonia Calls Paul Krugman Smug, Overbearing, and Patronizing
Atlantic Wire {http://bit.ly/LHpjOv}

The Soros aritcle from earlier in the week if you missed it
The Accidental Empire
project-syndicate  {http://www.project-syndicate.org/commentary/the-accidental-empire}

Here’s Why China’s Interest Rate Cut Is a Really Big Deal  ~CNBC
{http://bit.ly/LvhIof}