More Gloom und Doom from Ambrose Evans-Pritchard: The global slump of 2008-09 has begun as poison spreads. It sounds like he’s been reading SurvivalBlog. Don’t listen to the Wall Street pundits at CNBC who assure us that there will be a jolly “soft landing,”
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Thanks to Chester for sending this: US foreclosure filings surge 65 percent in April. As I’ve mentioned before in SurvivalBlog: Anyone that does not yet own a rural retreat should watch the foreclosure listings carefully. There may some tremendous bargains in the next few years that are right in your “ideal” retreat locale region. Two foreclosure monitoring services that I recommend are RealtyTrac.com and Foreclosures.com.
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From Reader Tim P.: Zimbabwe Introduces a Z$500 Million Note.
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RBS found this one from The Washington Post: Growing Deficits Threaten Pensions–Accounting Tactics Conceal a Crisis For Public Workers