From George Gordon (“GG”): Money sent home by Mexicans abroad plunged a record 15.7 percent in 2009
GG also sent us this piece by David Galland: What the Deflationists are Missing
From LJ: Don’t invest in Britain: The UK economy sits ‘on a bed of nitroglycerine’, investors warned
Items from The Economatrix:
New Home Sales Fall 7.6% in December
Stocks Fall as Investors Await Fed Decision
SEC Tightens Rules for Money Funds
Caterpillar 4Q Profit Tumbles; Outlook Cautious
Verizon to Cut 13,000 Jobs as Business Cut Lines
Signs of Housing “Recovery” Will Fade with End of Stimulus