Paul W. mentioned an insightful article by Janet Tavakoli: Washington Must Ban U.S. Credit Derivatives as Traders Demand Gold. (Long-time SurvivalBlog readers are already familiar with my strong warnings about the derivatives time bomb. Newbies, please take a look.)
Eric S. suggested this piece by Chris Nelder: Peak Oil Demand Is Coming, But Here’s Why It’s Not Good News
Reader David D. spotted this Wall Street Journal article: Commercial Real Estate Owners Beginning To Walk Away From Properties
Items from The Economatrix:
Job Openings Up Sharply in January to 2.7 Million
Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash
Europe Bars Wall Street Banks from Government Bond Sales
Martin Weiss: The $21 Billion Hot Potato
Los Angeles to Pull Investments from Foreclosure-Heavy Financial Firms
Karl Denninger: All You Need to Know About Bank Balance-Sheet Fraud
SPY Volume Back to 2010 Lows as Equity Mutual Funds Run Out of Cash