GG sent this: Far from being a safe haven, the dollar is the likely source of the next financial crisis [1]
Also from GG: We must get ready for a weak-dollar world [2]
Items from The Economatrix:
UAE to Back Banks Amid Dubai Meltdown [3]
Professor Advises Underwater Mortgage Holders to Walk Away From Mortgage [4] (Back in August, 2005, JWR warned us [5] that these walk-aways were coming.)
Furious Investors Warn Dubai it Will Never Raise Another Penny [6]
How Much Longer Can the Dollar Defy Gravity? [1]
South Africa’s Golden Age Coming to An End [7]
Senator Opposes Bernanke’s Renomination [8]
Few Signposts Mark the Road to Economic Recovery [9]
Shoppers Spent Less Over Black Friday Weekend [10]
Unemployed Turn to Church Networking Groups [11]
Idle Hands: Some Puritan Advice for the Unemployed [12]
Treasury To Push More Mortgage Firms to Reduce More Loan Payments [13]