Video clip from Australia: Jim Rogers calls is straight on the MOAB, economic recovery, switching to tangible assets, and buying productive farmland. Rogers [1]: “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 [2]
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 [3]
From R.S.R.: Statistician Says US Joblessness Near Depression Highs [4] (19.1%)
Items from The Economatrix:
Gunmakers and Retailers Post Strong Sales Increases [5]
World Stock Markets Fell Again (Monday) [6]
Next Shoe to Drop for US Jobseekers: Lower Wages [7]
Japan Leads the World Into Depression [8]
Evans-Pritchard: Dow 4,000 By Summer is Possible [9]
The End Of The World…As We Knew It [10]
Forget the 1930s, We are Facing 1917 [11]
Shining Through the Darkness (The Mogambo Guru)
Top Republicans Call for GM to Declare Bankruptcy
Recession Finds Even Those with Jobs Losing Pay [12]
Washington Prepares for Big Bank Failure [13]
Stocks Turn Lower as Investors Battle Economic Uncertainty