CMBS Loan Liquidations Hit Record $585M in December [1]. (A hat tip to Flavio for the linkio.)
Jeff P. suggested this Business Insider piece by Michael Snyder: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover [2]
And from Jeff B., news of further debasement of US coinage: Obama’s Proposed 2011 Budget Allows Coin Composition Changes [3]. Do you have your stash of nickels [4] yet?
Items from The Economatrix:
US Mortgage Sector Braced for End of Fed Help [5]
Initial Jobless Claims Rise Unexpectedly; Stock Futures Down, Dollar Up
[6]
Portugal Warned Near Political Crisis Over Debt [7]
EU Meets to Stifle Rising Panic [8]
Next Bailout: Social Security [9]
Derivatives Scam Slides into the Sunshine [10]
Fears of “Lehman Style” Tsunami in Spain and Portugal [11]
Markets In Turmoil as Euro Fears Spiral
Bernanke’s Banksters’ Skimming Operation Exposed [12]