Reader RBS sent this: Government goes high-tech to redesign $100 bills [1]. RBS warns that with each currency change, there is the risk of the advent of a blocked currency. “That is where there is one variety of note for Domestic use only and one species for foreign use.” JWR Adds: It is noteworthy that U.S. Postal Service Money Orders are already marked “Valid only in the U.S. and Possessions.” Currency controls are coming, folks!
Alasdair sent this: Greek debt crisis gets worse as EU revises figures [2]
Items from The Economatrix:
If The US Economy Falls Will It Result In A Complete And Total Collapse Of Society? [3]
Enjoy The Recovery While it Lasts, Inflation, Global Conflicts are Coming [4]
US Faces Second Lost Depression, Why This Recession Is Different And What To Do About It
Escalating Greek Default Fears Rock Europe’s Debt Markets [6]
Insight’s into America’s Disneyland and Our “Neo-Feudalistic, Gulag Casino Economy” [7]