Trent and J.D.D. were the first of several readers to send this: Faber and Mish: We’re Doomed and Washington Can’t Do Anything About It [1]
A.P. sent us some more gloomy news: World faces a day of financial reckoning [2]
Canadian dollar likely to trump US greenback: experts [3].
More FDIC Follies: Four more banks bit the dust in the past couple of days [4].
Items from The Economatrix:
OPEC Raises 2010 Oil Demand Forecast [5]
US Sales Tax Rates Hit Record High [6]
US Dollar Gains as Rating Agencies Warn on Europe [7]
Toledo, Ohio Likely to Face “Fiscal Emergency” [8]
Robbing The Old to Pay the Rich [9]
Virginia State Police Help The Budget Crunch [10]. This will probably become a nationwide practice.
First Iceland, Next The World [11]
UK: New Credit Crunch Risk as Banks Face Funding Crisis [12]