From veteran blog content contributor GG: A $4 billion Postal Service bailout [1]
Also from GG: Ten reasons for an imminent stock market crash [2]
Reader mark S. flagged this: Another housing slump coming? Analysts say 7 million soon-to-be foreclosed properties have yet to hit the market. [3]
Items from The Economatrix:
Simmons (Mattress) Plans to File for Chapter 11 Bankruptcy Protection [4]
Housing Crash to Resume on Seven Million Foreclosures
The Long Slog: Out of Work, Out of Hope [5]
Volcker Unleashes Another Volley on the Wizards in Wall Street and D.C. [6]
Rare Earths are Vital and China Owns Them All [7]
US Issues $7 Trillion Debt, Supply to Stabilize
UK: Now That It’s Down to Politics, the Crisis is Starting to Turn Really Ugly [8]