GG sent this: Buy farmland and gold,’ advises Dr Doom [1]
Also from GG: Prices are rising fast, even if the CPI isn’t [2]
Corey was the first of several readers to forward this: Banks at risk of going bust tops 700 [3]. Gee, with 7,000 banks in the country, that is a 1 in 10 chance that your bank is on the list. Those are practically Russian Roulette odds.
From Flavio: Harvard’s Rogoff Sees Sovereign Defaults, ‘Painful’ Austerity [4]
Items from The Economatrix:
Real, Uglier American Unemployment [5]
Death By Trillions of Dollars (The Mogambo Guru) [6]
US State Pension Funds Have $1 Trillion Shortfall [7]
Wealth Disparities in US Approaching 1920s Levels [8]