David B. suggested a “must read” article by Charles Hugh Smith: The Unintended Consequences of the Housing Bubble Bursting [1]
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Student-Loan Problems Add to Debt Worry [2]
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SF suggested this TED talk: Thomas Barnett: The Pentagon’s new map for war and peace [3]
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There is some insightful commentary from Alex Wallenwein posted over at Gold-Eagle.com: Credit ‘Crunch’ – or Credit Collapse? [4]