Sterling Crisis Looms as UK Unraveling Points to Budget Cuts [1] (Thanks to Heidi for the link.)
Tom G. flagged this: Unwinding at AIG Prompts Pasciucco to Ponder System Failure [2]
Frank S. mentioned this grand understatement: Biden: ‘We Misread How Bad the Economy Was’ [3]
Items from The Economatrix:
Another Wave of Foreclosures is Poised to Strike [4] [That is hardly a news flash for SurvivalBlog readers!]
Obama Expands Housing Rescue: Six Things to Know [5]
Joel Skousen: Cap and Trade Bad For a Sick Economy [6]
US Stocks Slide in Dow’s Worst Drop Since April on Jobs Data [7]
With Economy Down, Cities Growing (Rather Than Suburbs)
Gimme A Break Dept: Bailout For World’s Oldest Profession Amsterdam considering bank, credit help for prostitutes
European Stocks Decline for Third Week in Longest Losing Streak Since March [8]
Dollar Rises vs. Euro on Signs Economic Rebound is Faltering [9]
TheStreet.com: “They Just Don’t Get AIG” Media critic slays The Times for ignoring a big AIG promise
Glut of Oil Could Push Gas Prices Below $2 [10]
Current Recession is a Severe Credit Bust of Depression-Era Magnitude [11]
Inflationary Crack-up Boom Has Commenced in the G-7 Economies [12]
US Economy Heading For Japan of the ’90s or Argentina 2002? [13]
Hyperinflation or Depressionary Deflation–Which is More Probable?