Reader John S. spotted this: California is a greater risk than Greece, warns JP Morgan chief [1]
I found an article linked in a piece by Dr. Gary North [2] that illustrates just how deep a hole the Federal government is digging: $126.9 Billion and Counting [3].
The charts in Nathan’s recent blog [4] piece tell a thousand words. This is no ordinary recession. We’ve fallen off a cliff.
George Gordon spotted this: Gold Hits Record High In Euros, Pound [5].
Items from The Economatrix:
Ron Paul Discusses Coming US Collapse [6]
Jim Rogers: Pound Could Collapse Within Weeks [7]
Housing Recovery Looking Shakier than Expected [8]
Consumer Confidence Weakens in February [9]
No Relief From Tax Agon [10]y (The Mogambo Guru)
Massive Bank Failures Due, Says Bank Oversight Panel [11]
Commercial Mortgage Default Rate in US More than Doubles [12]
More Merger Activity Helps Lift Stocks for Third Day [13]
Postal Service’s Emerging Model: Never on Saturday [14]
Bad Debts Hit Record High [15]
Chilean Stocks Post World’s Biggest Drop as Quake Closes Roads [16]