Now mainstream journalists are starting to use the “D” word: Depression risk might force U.S. to buy assets. [1] Thanks to Eric for finding that. OBTW, he also spotted this from Reuters: Dozens of U.S. banks will fail by 2010 [2]
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Don’t miss Charles Hugh Smith’s latest economics essay (posted February 13th) “System Instability, Redundancy and the Domino Effect “ [3].
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The Other Ben L. forwarded this: Global demand lifts grain prices, gobbles supplies [4].
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Mike in Malaysia says “File this under… ‘Not good for the world'”: Pakistani nuclear scientists ‘abducted’ [5]