From Reader GG: Poll: 34% of U.S. Workers Surveyed Have Only One Week or Less of Savings to Cover Expenses if Laid Off from Work [1]. We are a nation of debtors, not savers, and someday that’s going to bite us.
Regulators Shutter Three U.S. Banks, Bringing 2009 Total to 84
Reader A.C. kindly sent all these items that he gleaned from News Max Money News:
Global Recovery Not the Same as Equity Recovery [3]
The Deflationists Just Do Not Get It [4]
Germany and France Not So Hard-Hit by Recession [5]
China Meltdown Could Boost the Dollar [6]
And these two items are courtesy of Karen H.:
Newspaper Slump Deepens and 2nd Quarter Ad Sales Fall 29 Percent [7]
The Weak Dollar is Pushing Energy Prices Higher [8]
Items from The Economatrix:
Meltdown 101: Why Banks Struggles Have Worsened [9]
Judge Puts Fed’s Bailout Revelations On Hold [10]
US “Problem” Bank List Hits 15-Year High
US GDP Contracts 1% in 2Q
Toyota’s First Factory Closure Threatens 4,700 US Jobs