Here is what I am reading: EU’s New Crisis Model Gives Spain More Time for Cuts (Bloomberg) The New Global Economy’s (Relative) Winners (Project Syndicate) The problem with ‘structural’ explanations for U.S. unemployment (Bloomberg) China’s ‘5 apocalypses’ signal global recession (MarketWatch) New Highs, New Lows, Yield Greed (The Aleph Blog) We Can’t Head Into Recession…