Video clip from Australia: Jim Rogers calls is straight on the MOAB, economic recovery, switching to tangible assets, and buying productive farmland. Rogers: “Yes, we are going to have another depression in the United States.”
Thanks to FloridaGuy for this: Pontiac, Michigan may lay off all school teachers
GG sent a link to an Ambrose Evans-Pritchard video interview on the rush into gold over “high degree of fear” regarding hyperinflation and economic collapse
From R.S.R.: Statistician Says US Joblessness Near Depression Highs (19.1%)
Items from The Economatrix:
Gunmakers and Retailers Post Strong Sales Increases
World Stock Markets Fell Again (Monday)
Next Shoe to Drop for US Jobseekers: Lower Wages
Japan Leads the World Into Depression
Evans-Pritchard: Dow 4,000 By Summer is Possible
The End Of The World…As We Knew It
Forget the 1930s, We are Facing 1917
Shining Through the Darkness (The Mogambo Guru)
Top Republicans Call for GM to Declare Bankruptcy
Recession Finds Even Those with Jobs Losing Pay
Washington Prepares for Big Bank Failure
Stocks Turn Lower as Investors Battle Economic Uncertainty