3. Thomas Friedman predicts India will be the next juggernaut  of technological innovation. They could probably get there faster if they cut more red tape  -- India ranks a sad 135 in the Doing Business 2011 report.
4. Bulgarian Finance Minister (and former Chief Economist of Finance and Private Sector Development at the World Bank) thinks the Fed's quantitative easing policies will backfire .
5. On the other hand, there's good news on the job front: the U.S. added 151,000 jobs in October, mostly in the private sector .