Stock Market Analyst and hedge Fund Manager Barton Biggs: Stock A Safe Haven With Food And Firearms To Protect Against Doomsday Pillagers
Here comes inflation! Reader Justin B. pointed us to this: January wholesale prices jump 1.4 percent. Justin notes: “That equates to a 16.8% annual wholesale price inflation rate!”
And now, news that the ratcheting-up has begun: Fed bumps up rate banks pay for emergency loans.
Greg C. sent us this: National Debt, Budget Deficit Scary Forecast for Taxpayers: Obama to Sign Fiscal Reform, Economists Predict Cutbacks, Tax Increases
El Jefe Jeff E. forwarded this little red flag news item: Foreigners cut Treasury stakes; rates could rise
Items from The Economatrix:
US Looks to Reluctant Foreign Investors to Help Fund the Housing Market
Chimerica’s Monetary Management: China Has a Plan, US Doesn’t
China Sells $34.2 Billion of US Treasury Bonds
German Economic Expectations Deteriorate
US States with High Jobless Rates Outsource Food Stamp Services Jobs…To India!
Sacramento, California: Region’s Shuttered Stores Tell a Thousand Stories