JHB up in Montana sent this: Banks must brace for credit card pile-up [1]
HPD spotted this: Mish’s Global Economic Trend Analysis: Food-Stamps Reach $33.8 Million in April, 5th Consecutive Monthly Record [2]
Times must be really bad: Engineering Unemployment Soared in 2Q to 8.6% [3]
Reader HH sent us these three items:
Economist: FDIC gearing up for bank closures [4]
Sales of Silver, Gold Coins Surge [5]
Inflation: Expectations and Effects [6]
Items from The Economatrix:
Economist Declares Train Wreck [7] “Morgan Stanley expert convinced out-of-control budget deficits to drag economy under”
Dallas Fed: Inflation Harder to Predict
Ron Paul’s Bipartisan Attack on The Fed [8]
Shipping Losses Flashes Early Warning Signal Again [9] “The container industry is looking at a $20-billion black hole of losses”
Doubts About Economy Leave Stocks Flat [10]
Pickens Scraps Wind Farm [11] “Too difficult in getting credit for Texas Panhandle project in sour economy”
Compromise Could Follow Firestorm Over Banking Rules [12]
Banks “Courtesy” Loans At Soaring Rates Irk Consumers [13] The cost of overdraft protection.
G-8: Medvedev Shows Off Sample Coin of New “World Currency”