Don’t Think That it Can’t Happen Here Department: Chavez devalues currency by 50% [1]. (Thanks to Damon for the link.)
Eric. C. mentioned the latest piece by Dan Denninger: A “Macro Level” Look At The Economy [2]
The Economist makes a Bubble Warning: Markets are too dependent on unsustainable government stimulus. Something’s got to give [3]. (A tip of the hat to GG fro the link.)
KAF sent this: China Overtakes Germany as World’s Biggest Exporter [4]. But wait! You should also read this: Contrarian Investor Sees Economic Crash in China [5]. (Thanks to Rick V. and Darryl C. for sending the latter link.)
Items from The Economatrix:
Are You Ready for a Stock Market Crash of 2010? [6]
Fed Statements Clear Any Doubt of Gold Hitting $1,700 [7]
United States Debt Ridden Road to Perdition [8]