GG sent us this: Gold bugs at last have their perfect trinity [1]
Also from GG: The American peso [2]. JWR Adds: As I’ve mentioned before in the blog, 72 is the crucial level to watch for in the US Dollar Index (USDI) [3] . Anywhere south of there for more than two weeks could signal a collapse in international confidence in the dollar.
Mike W. flagged this piece by Caroline Baum: Inflation ‘Cure’ Exposed When In-Laws Move In [4]
Also from Mike W comes this Wall Street Journal article on self-employment: Ready to Be the Boss? [5]
From HPD: Jesse’s Café Américain: Bernanke’s Wager with the US Bond and Dollar [6]
Items from The Economatrix:
Rising Unemployment Raises Threat of Social Crisis [7]
Unemployment 20% Higher in Democratic Strongholds [8]
Californians Revolt, Slash Governor, Officeholders’ Pay 18% [9] Arnold asks for $6B bailout, may set precedent for other states
Governator Proposes Terminating Welfare Benefits For California Residents [10]
Recession Suddenly Humbles High Tech Sector [11] “When Google is laying off you know something is going very wrong.”
Novel Ideas Surface for Bank Execs’ Pay [12] They arre moving away from stock options (I wonder why?)
G8 Leaders Urge Oil Price Stability [13]
China Economist: Yuan Should Be Regional Currency to Rival Dollar [14]
Investors Await Housing, Consumer Confidence News
[15]
Are Liberal Arts Degrees Worthless in This Economy? [16]