Peter S. sent this prediction of housing market doom: Maybe no housing rebound for a generation: Shiller . In an another interview, he said: We Are in Age of ‘Late Great Depression’
Michael Pollaro: The Bernanke Bust, the why how and when
The Results Are In: Conservative States Prosper, While Liberal States Decline. (Thanks to James C. for the link.)
G.G. flagged this evidence that the Mother of All Bailouts (MOAB) is far from over: Senate votes to slow closing of post offices
Items from The Economatrix:
Derivatives: The Unregulated Global Casino For Banks
Two Meltdowns: Fukushima and the US Economy
Orders for US Durable Goods Drops Most in Three Years
US Economy Grew Less than Forecast in First Quarter
Spanish Economy in "Huge Crisis" After Downgrade