Courtesy of reader J.D.D.: Why the U.S. can’t inflate its way out of debt [1]
Some Tough Love from the editors of Der Spiegel: Built on a Lie; The Fundamental Flaw of Europe’s Common Currency [2]
Larry T. suggested this Powerline piece: Buy Gold [3].
Items from The Economatrix:
Why Italy Faces a Derivatives Time Bomb [4]
Double Dip is Coming in 2011 [6]
Welcome to the United States of Iceland [7]
Big Ax Looming at FDNY: More than 1,000 Layoffs, 62 Fire Companies to be Closed [8]
It’s Going to Implode, Buy Physical Gold Now [9]
$2,000/oz. Gold by the End of the Year [10]
States May Hold Onto Tax Refunds for Months [11]
Subprime Lending Crisis: Auto Loans Thrive, Housing Down [12]
Mass School Closures in Near Bankrupt Kansas City, Missouri [14]