Photo of the Day

Chancellor Merkel's likeness is used to advertise Portuguese spirit Beirao on a Lisbon billboard reading: 'Dear Angela, Portugal is giving its best. Seasons Greetings.'

h/t AEP

Video: Kim Jong-il - 'So Ronery' No More

Video: Hitler Reacts to S&P's Downgrade of 15 Eurozone Countries

Video: SNL's A Closer Look at Europe

A Closer Look At Europe, SNL S37E05, Greece, Germance from Sandy Sandcake on Vimeo.

Video: Niall Ferguson on Colbert Report

Photo of the Day: Angela Merkel Sizes Up the Eurozone Bailout

(click to enlarge)

h/t Barry

Recommended links

1. Is there a shadowy plot behind gold? (FT)

2. Ray Dalio video interview (Charlie Rose). Ray doesn't have the most compelling television presence, but as the world's largest hedge fund manager he's clearly doing something right. Here is an interesting earlier read from the New Yorker on him and his firm, Bridgewater.

3. Eurozone summit - despair and backbiting in the corridors of power (Telegraph)

4. Steve Jobs Was Willing To 'Rip Off' Everyone Else... But Was Pissed About Android Copying iPhone? (TechDirt)

5. Michael Pettis Talks China (Infectious Greed)

6. €1.5bn Dexia loans used to buy shares in...Dexia (FT)

7. Generation X Doesn’t Want to Hear It (Emptypage)

Video: SNL Parody of Republican Presidential Debates

How many euro area finance ministers does it take to change a light bulb?

None – there is nothing wrong with the light bulb.

From the Irish Times.

Video: Secret Swinger Henry Kissinger

Video: Author Sylvia Nasar's 4-Minute Illustrated History of Economics

I'm a huge fan of Nasar's book A Beautiful Mind and am very much looking forward to her latest work, Grand Pursuit: The Story of Economic Genius.

Below is a video of a presentation on A Beautiful Mind Nasar gave at MIT on October 28, 2002, where at the end she makes a reference to her upcoming history of economic thought.

Video: Raise the Debt Ceiling Rap

A little late to spot this one, but it's well done and will be relevant again in a few months time when the debt ceiling vote comes up again.

Video: Margin Call Movie Trailer

Dilbert Prepares for Financial Meltdown

(Click to enlarge)

Photo: Greek PM Papandreou IMF 'Employee of the Year' Banner

As seen outside the Greek parliament, some protesters roasting Greek Prime Minister George Papandreou, the Minnesota-born 'socialist convert to spartan economics'.

Bloomberg has a great history of the Eurozone debt fiasco.

Video: Mormon Bubble?

Mormon Presidential candidates Huntsman and Romney are leading contenders. The hit musical by the South Park creators titled The Book of Mormon cleaned up at the Tony Awards. The Senate Majority Leader, Harry Reid, is a rare Mormon Democrat.

Good read over at Newsweek on the 'Mormon Moment'.

The Flaw Movie Trailer

The Guardian reviews and compares this film to Charle's Ferguson's Academy Award winning Inside Job here.

Video: John Stewart on Dominique Strauss-Kahn (DSK) Imbroglio

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Video: Dominique Strauss-Kahn (DSK) Saturday Night Live (SNL) Skit

For more great edutainment check out this video, which is from a year ago and still spot on as nothing has really changed with Europe's debt crisis in the past twelve months.

Video: U.S. Debt Limit Cartoon