This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Andy Xie (Caijing.com.cn): New bubble threatens a V-shaped rebound, August 20, 2009. Instead of a V-shaped recovery, we may instead get a W curve. A dip next year, although perhaps not statistically deep, could deliver a profound psychological shock. Financial markets are buoyant now because they believe in the government. The second dip would demonstrate the limits of government power. The second dip could send asset prices down - and keep them down for a long time.

• Economist.com: U, V or W for recovery, August 20, 2009. The world economy has stopped shrinking. That’s the end of the good news.

• Ambrose Evans-Pritchard (Telegraph): There’s no quick fix to the global economy’s excess capacity,