GG sent this: Far from being a safe haven, the dollar is the likely source of the next financial crisis
Also from GG: We must get ready for a weak-dollar world
Items from The Economatrix:
UAE to Back Banks Amid Dubai Meltdown
Professor Advises Underwater Mortgage Holders to Walk Away From Mortgage (Back in August, 2005, JWR warned us that these walk-aways were coming.)
Furious Investors Warn Dubai it Will Never Raise Another Penny
How Much Longer Can the Dollar Defy Gravity?
South Africa’s Golden Age Coming to An End
Senator Opposes Bernanke’s Renomination
Few Signposts Mark the Road to Economic Recovery
Shoppers Spent Less Over Black Friday Weekend
Unemployed Turn to Church Networking Groups
Idle Hands: Some Puritan Advice for the Unemployed
Treasury To Push More Mortgage Firms to Reduce More Loan Payments