China Grows More Picky About Debt by Keith Bradsher
"New data shows that China is also trading long-term Treasuries for short-term notes, highlighting Beijing’s concerns that inflation will erode the dollar’s value in the long run as America amasses record debt."
Green Shoots or Yellow Weeds? by Nouriel Roubini
"Medium term risks and vulnerabilities imply a mediocre, sub-par, weak and well below potential growth recovery in 2010-2011," as the "lack of true deleveraging – or appropriate debt restructuring – will lead to a corrosive debt deflation and limit the ability of households to spend, of firms to invest and of banks and other financial institutions to lend."
