Europe’s web of debt, illustrated — BBC
S&P makes a bit of an error with a headline about Brazil’s credit rating — Bloomberg
Miners in Australia can earn $200,000 annually — WSJ
The new head of the FDIC “could make Sheila Bair look like a kitty cat” — WSJ
The “do-nothing” economic budget plan that would save us $7.1 trillion — Washington Post
Krugman: let the Supercommittee fail — NYT
Nate Silver on which economic indicators best predict Presidential elections – Five Thirty Eight
Sean Parker’s thinking of Thanksgiving, says the tech “gravy train” is almost over — CNET
Newsweek staffer: “I mean, Regis Philbin is our cover this week” — WWD
One of the worst parts of the euro zone crisis, for me, is watching the televised vindication of that nut Nigel Farage — Zero Hedge



chris9059, it’s not a horror, but they are engaged in extraction. And since the natural resources existed in the ground without someone creating them, in the Ricardian economic sense we can refer to the ownership of those resources as giving rise to “rents”. So it just strikes me as funny you used that phrase.