Jeff D. mentioned: Employment funds going ‘absolutely broke’; 40 state programs to be emptied by the jobless tsunami within two years
[1]
GG spotted this: The Inflation Bomb Hiding on The Fed’s Balance Sheet [2]
Tom B. spotted an article in The Shanghai Daily: Harder to buy US Treasuries [3]. Here is a brief quote: “…it was inevitable that the dollar would continue to fall in value because Washington continued to issue more Treasuries to finance its deficit spending.”
Items from The Economatrix:
Gasoline Prices Flatten Below $2.60 [4]. This may be a good opportunity to refill your storage tanks with fairly reasonably priced winter formulated gasoline!
Borrowers with Modified Loans Falling Into Trouble [5]
Surge of Foreclosed Homes Set to Hit Market
The Coming Shortage of All the World’s Most Important Industrial Metals [6]
US Jobseekers Face Bleak Christmas as Unemployment Continues to Rise [7]