Starting Now: America's Second Great Depression
Bernanke Created Half of 234 Years’ Worth of Money Supply. Here is a quote: “The U.S. turned 234 years old yesterday, and yet over half of the
nation’s money supply was created since Helicopter Ben took over the
flight controls four years ago. No wonder gold is in a full fledged
bull market . . .”
With the US trapped in depression, this really is starting to feel like 1932 Ambrose Evans-Pritchard:
Investors Fear Rising Risk of US Regional Defaults
Companies Clutching Cash But Stingy with Jobs
Unemployment is Here to Stay
Sultans of Swap: BP Collapse Potentially More Devastating than Lehman's
Gary North: Congress or Fed Too Big To Fail?
Increasing Risk of Double-Dip Recession as Leading Economic Indicators Start to Turn
Turning Lemons Into Lemonade for 390 Years
Hungary to Ask for "Precautionary Bailout" from EU and IMF
7.9 Million Jobs Lost, Many Never to Return
State and Local Government Workers' Job Security Fades
Muni Holdings Are "Untold Problems" for US Banks
- Bloomberg
Office Vacancy Rate in US Climbs to 17 Yr High
- Bloomberg
Greenback Weaker Amid Ongoing US Concerns
- Market Watch
"All we have of freedom, all we use or know -
This our fathers bought for us long and long ago. " - Rudyard Kipling, The Old Issue, 1899
Tuesday, July 6, 2010
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