Morris S. suggested: Six investing rules for a worst-case scenario [1]
Mark Frey Calls It: Europe Enters Full Scale Financial Panic [2]
David Rosenberg: Euro Breakdown Could Drive Gold to $3,000 [3]. Rosenberg’s target for the Dow: 4,800. (A hat tip to Flavio, for the linkio.)
|Courtesy of SurvivalBlog’s Poet Laureate, George Gordon (“G.G.”): U.S. Debt Shock May Hit In 2018, Maybe as Soon as 2013: Moody’s [4]
Also from G.G.: We Are Out of Money; American governance won’t begin to inch forward until the political class faces basic facts. [5]
Items from The Economatrix:
UK Budget Deficit to Surpass Greece [6]
Productivity Growth Ebbs, Hiring Outlook Uncertain [7]
California AG Sues Pension Officials for Fraud [8]
Merkel Plea to Save Europe as Panic Hits Iberia [9]
HSBC Warns of New Credit Crunch From Tough Bank Regulation [10]
ECB Paralysis Rattles Markets as Debt Costs Hits New Highs [11]
Greece Will Default and Gold Will Vaul [12]t
Eight Theories Why the Stock Market Plunged Almost 1,000 Points in a Matter of Minutes on 5/6/10 [13]