Reader KAF forwarded this: U.S. Budget Deficit Hit Record $1.4 Trillion in 2009 [1]
Illinois State Comptroller Dan Hynes Says State Finances A Mounting Crisis, Things Getting Worse [2]. (Thanks to Jeff B. for the link.)
Matt in Tennessee alerted us to this video clip from Gerald Celente: The Dollar is Finished. [3] And, BTW, Peter Schiff agrees [4]. He announced “The carry trade [in US Dollars] is on!”
Items from The Economatrix:
Roubini: Housing Market Hasn’t Bottomed Yet [5]
Treasuries Fall After Weaker-Than-Average Demand at Bond Sale [6]
US Budget Deficit Balloons to $1.4 Trillion [7]
Questions Remain About Iceland’s Banking Collapse [8]
Latvia Threatens Foreign Banks with Huge Losses [9]
Gold Hits New Record High for Third Day as Funds Move In [10]
New Monetary Target: The Fed Under Fire [11]
Dry Guide to “Recovery” [12] (The Mogambo Guru)