SurvivalBlog’s Editor At Large Michael Z. Williamson sent us a link to an interesting graph on debt figures in the U.S.. Per capita debt almost $41,000 per person, and rising about $20 per day.
Chad S. recommended this: How Can Anyone Claim that the Housing Crisis is Over When the Delinquency Rate on U.S. Mortgages Continues to Explode at an Exponential Rate?
The latest Friday Follies installment: Regulators shut 7 banks in 5 states; 37 in 2010
Tod P. flagged an article from the Philippines, wherein the government pleads with its citizenry to spend their coins back into circulation, to co-mingle with the new debased steel slugs. JWR’s Comment: People aren’t that naive. I think that they’ll wisely keep their real coins at home. This is a foretaste of things to come here in the States, once inflation kicks in.
Items from The Economatrix:
Will Your State Ban Employer Credit Checks?
Wachovia Settles Money Laundering Case for $160 Million