Veteran analyst Jim Rogers talks about the world’s financial woe: Another recession ahead [1]. It was nice of him to use the more kind term for it.
From Chad S.: Food prices push Indian inflation up to 9.9 percent [2]
Also from Chad: China’s Wen pushes back against yuan rise calls [3]. This quote from the article doesn’t bode well: “We are very concerned about the lack of stability in the U.S. dollar. If I said I was worried last year, I must say I am still worried this year.”
G.G. liked this commentary from Richard Daughty (aka The Mogambo Guru): US Economic Outlook: Default, Hyperinflation or Both [4]
Items from The Economatrix:
Pain in the Tank: Gas Prices Highest Since 2008 [5]
“Wall Street” Sequel an Omen of US Collapse [6]
To Fill Budget Gaps, “Stealth” Taxes are Creeping Up [7]
Debt Doom [8] (The Mogambo Guru)
Strategic Defaults are Soaring in California, and Now they Might Really Explode [9]