Economics and Investing:

Gerald Celente Predicts Economic Armageddon by 2012. (A hat tip to Reader P.D. for the link.) OBTW, take it as a warning sign if you hear that Gerald Celente has moved from New York to say… Wyoming.

From D.V.: Goldman Sachs’s Cohen Predicts More Bad News on Banks

Items from The Economatrix:

Our New National Currency: The US Fuffle

IBM to Cut 5,000 US-based Jobs, Shift Work to Emerging Markets

Wall Street Turns Cautious But Logs Third Weekly Advance

Failed Bank: Omni National Bank, Atlanta Georgia

Lendman: Obama’s Latest “No Banker Left Behind” Scheme “Nobody can be confident that the US yet has a workable solution to its banking disaster….If this is not frightening, I do not know what is.”

Consumer Advocates Call for Geithner’s Resignation

Ambrose Evans-Pritchard: Europe Finally Gets Monetary Helicopters

Irish Economy Hardest Hit by Economic Downturn

Wall Street Balks at Geithner’s Reform Plans

Two More Quit AIG as Bonus Anger Grows

The Day The Dollar Dies

Total Meltdown and Civil Unrest; Wall Street’s Manipulated Market Rally