Links for 3/13. The best stories in economics, energy, investing and other remarkable news. How Europe’s accounting rules are destroying its banks, British banks may have 30B pouns more in losses, medicaid spending is falling, and the dangers of high frequency trading, amongst other stories..

Europe’s Accounting Rules Are Destroying Its Banks – Bloomberg

Seventeen magazine pushing sex as a drug to 12-year-olds | Fox News

Evgeny Morozov’s “To Save Everything, Click Here” | Whimsley

If You Own Sandridge Energy’s (NYSE: SD), Then It’s Time to Sell NOW | StreetAuthority

BBC – Future – Technology – The mask that maps pollution across the city

BBC – Future – Technology – Why the world’s most enduring designs always evolve

British banks may have £30bn hidden losses – Telegraph

Germany’s anti-euro party is a nasty shock for Angela Merkel – Telegraph

Off the Charts Blog | Center on Budget and Policy Priorities | Projected Medicaid Spending Has Fallen by More Than $200 Billion

Yes, Virginia, HFT and Liquidity are Not All They Are Cracked Up to Be « naked capitalism