Although his specialty is national security affairs and terrorism, the New Yorker’s Steve Coll has written two blog entries about the current state of the global economy, with extensive reference to historical analogies to make his points about where we are right now.
One is about the impact of the economy on the next president’s national security agenda. The other is a history of market panics going back to the Great Depression.
Both are must-reads.
Icepicks and Nukes 