S.T. spotted this: IMF puts total cost of crisis at £7.1 trillion [1] [Thusfar!]
This Forbes piece came from SC: Fed Faces Its Zimbabwe Moment [2]
Regular content contributor DD sent us these two articles:
Sales dropping for retailers
The US-China Ponzi scheme [3]; 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 [4]
A Pessimist’s Prediction: Hyperinflation
A prediction from the ever-cheery Ambrose Evans-Pritchard: Fiscal Ruin of the Western World Beckons [5]
Stupidity Without Borders [6] (The Mogambo Guru)
Cities Tolerate Homeless Camps
The Container Crisis: Shipping Industry Fights For Survival
Homes Prices Fall a Record 15.6% [7]
47% of South Florida Mortgages Underwater [8]
Recession, Debt Drag on Commercial Real Estate [9]
Cost of Oil Rises as Recession Fears Ebb [10]
Kaiser to Cut Nearly 2,000 Jobs [11]