El Jefe Jeff E. sent this frightening news on price inflation: US inflation up 2% in March [1]. I’ve already warned you: As the Treasury monetizes its way out of the recession, be ready for mass inflation, folks!
Jon in Wyoming sent this: Euro Sales Extend as Morgan Stanley Mulls EU Breakup [2]
Also from Jon: Roubini Says Rising Sovereign Debt Leads to Defaults [3]
Yishai suggested this piece by Ronald Bailey of Reason magazine: Peak Everything?; Forget peak oil. What about peak lithium, peak neodymium, and peak phosphorus? [4]
Items from The Economatrix:
Analysis from Dan Denninger: Bernanke is Getting Scared [5]
Goldman’s Shares Plunge on Investigation, Downgrade [6]
US “Middle Skills” Jobs Vanish [7]
Greece Faces “Unprecedented” Cuts as $159 Billion Rescue Nears [8]
German Anger Rises as Greek Bailout Triples [9]