Recommended Reading: May 5, 2008

This is one of the best pieces of financial journalism you’re ever going to read. The next bubble: Priming the markets for tomorrow’s big crash, published by Harpers Magazine.

According to George Will: "The future has a way of arriving unannounced". That was before equity analysts, says Satyajit Das.

Tiger economies are snapping at U.S. heels: Observers expect the US to deepen its ties with India, which Washington views as a counterweight to China.

Coal has long been a cheap and plentiful fuel source for utilities and their customers, helping to keep American electric bills relatively low. But rising worldwide demand is turning American coal into another hot global commodity, with domestic buyers having to compete with buyers from countries like Germany and Japan.

A funny take on the economic stimuls package.

Have a great week!