Local Debt Mountain

Mercenary Links Roundup for Tuesday, July 5th (below the jump).

07-05 Tuesday

Moody?s Sees Much Bigger Local Debt in China – NYTimes.com

China Bears Have Tools, Need Patience – WSJ.com

Bubblelicious Chinese Construction Charts | The Big Picture

Portugal?s Debt Rating Cut to Junk by Moody?s – NYTimes.com

Moody’s Slashes Portugal Rating to Junk – WSJ.com

Greek Banks Ready for Rollover, Investors Meet – Bloomberg

Analysis: Default needed to lure long-term buyers back to Greece | Reuters

Euro hit by Portugal worries – FT.com

Currency rise leaves Brazil in bind – FT.com

Currency wars not over, says Brazil – FT.com

Trichet Tightening as Europe Feels a Squeeze – WSJ.com

Is Europe?s debt crisis a ?Lehman Moment? for America? | Mohamed El-Erian

Obama Calls for Debt-Limit Summit – WSJ.com

Oil Back to Pre-spr Release Levels – CNBC

America’s Newfound Energy – WSJ.com

China Admits Extent of Spill From Oil Rig – NYTimes.com

FT Alphaville � Corporates spending like it?s the 50s

The political genius of supply-side economics | Martin Wolf

Apple (AAPL) and Google (GOOG) Back Above Their�50-Days

New Bull Market Highs for Consumer Discretionary and Dow�Transports

Munger Says Bankers? ?Megalomania, Insanity? Fueled U.S. Property Bubble

In War of Egos, It?s One Hacker vs. Another – NYTimes.com

Executive Under Pressure Over Hacking Allegations – NYTimes.com

News Corp.’s News of the World Roiled by New Hacker Allegation – WSJ.com

The man who hunted Osama bin Laden

Strauss-Kahn Accuser Sues New York Post – WSJ.com

Prosecutors Have Doubts in Strauss-Kahn Case – WSJ.com

New Financing Values Twitter As High As $7 Billion – WSJ.com

Stanford athletes sleep for better performance

Time Off Is No Option: It’s Required – WSJ.com

Doctors Struggle to Evaluate Whether a Patient’s Pain Is Real – WSJ.com

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