Reader Ben M. recommended a BBC article on the international banking crisis. They talk about UBS, announcing further losses on top of their $37 Billion worth of losses that were already announced. A key quote: “We haven’t hit the bottom yet,” warned Zhang Xiuqi, from Guotai Junan Securities.
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Eric found this article: Ethanol-free gas outlets growing daily. Eric’s comment: “Having just hoisted six 5-gallon gerry cans into the e-85 vehicle I drive – as I’m rotating my storage fuel – this article is making me concerned. Guess we’ll see in the next few days.”
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From the AIDG Blog – Sam Redfield on Pico-hydro at La Florida. (A hat tip to MSJ for spotting the blog piece.)
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KAF sent this bad news for anyone that plans to park some money offshore: IRS wants millions hidden in Swiss accounts