Reader S.M. pointed us to this article in The Washington Times: CBO report: Debt will rise to 90% of GDP [1]
From Zero Hedge: Higher Yields, Lower Equities? [2]
Another piece from Zero Hedge that several readers recommended: It’s Official – America Now Enforces Capital Controls [3]
Damon sent this: S&P Market Indicator Downgrades US Sovereign Debt to aa+ [4]
Travis recommended this alarming piece by Dan Denninger: On Deficits And Debt-Financed Government [5]
From George Gordon (“G.G.”) British credit rating ‘could be lowered’ [6]
The Adultsitter suggested this blog piece: FDIC Playing With Fire by Soliciting State Pension Money to Buy Toxic Assets [7]
Items from The Economatrix:
Social Security Payout to Exceed Revenue this Year [8]
Consumer Spending Rises Modestly; Incomes Flat [9]
Oil Above $80 as Investors Look to Jobs Data [10]
World Stocks, Euro Rise as Debt Worries Ease [11]
Jupiter Financials Star Puts Half His Fund in Cash [12]