S.T. spotted this: IMF puts total cost of crisis at £7.1 trillion [Thusfar!]
This Forbes piece came from SC: Fed Faces Its Zimbabwe Moment
Regular content contributor DD sent us these two articles:
Sales dropping for retailers
The US-China Ponzi scheme; By unwittingly tying together their fortunes as they pursued their own interests, the two nations have put themselves on an economic path of mutually assured destruction.
Items from The Economatrix:
Foreclosures Rise 7% in July from June
A Pessimist’s Prediction: Hyperinflation
A prediction from the ever-cheery Ambrose Evans-Pritchard: Fiscal Ruin of the Western World Beckons
Stupidity Without Borders (The Mogambo Guru)
Cities Tolerate Homeless Camps
The Container Crisis: Shipping Industry Fights For Survival
Homes Prices Fall a Record 15.6%
47% of South Florida Mortgages Underwater
Recession, Debt Drag on Commercial Real Estate
Cost of Oil Rises as Recession Fears Ebb
Kaiser to Cut Nearly 2,000 Jobs