Nouriel Roubini, One on One: More Doom and Gloom (Thanks to GG for the link.)
GG also sent this: Morgan Stanley analyst: Deflation, Then Inflation. (Gee, where have I heard that before?)
Jen H. forwarded this: Iceland says goodbye to the Big Mac
The recent profit-taking in sliver (down $1 per ounce!) has created a dip that might be a good buying opportunity.
Items from The Economatrix:
“Fighting The Last War”: Proposed Wall St. Reforms Won’t Stop the Next Crisis
Commercial Property Kingpin Capmark Files for Bankruptcy
US Stocks Overvalued By 40%
Ambrose Evans-Pritchard reports: Food Will Never be So Cheap Again
Buy Food Now – Price Hikes are Almost Guaranteed
UK: Halifax’s Overdraft Charges Will Give Customers a Nasty Shock
UK: This Recession Just Became a Depression
Pension Funds to Buy Gold as Insurance