Economics and Investing:

Reader “G2” sent this: China revaluation would hurt U.S.: World Bank’s Lin. G2’s comments: “The denial by China regarding revaluing its currency and it’s resistance to do so makes it seem quite possible that they will revalue the renminbi soon. i.e. ‘Believe nothing until it’s officially denied’, and ‘The lady doth protest too much, methinks.'”

The Mother of All Bailouts (MOAB) keeps growing: Here’s Another $23 Billion Bailout That You May Have Missed This Week.

G.G. suggetsed this from The New York Post: The Next Di$a$ter–Federal mortgage insurance


Items from The Economatrix:

First Gold, Now Europe Running Out of Silver

How Is The US Economy Supposed to Succeed When Our Politicians and the Big Banks are Making Billions of Dollars Betting Against It?

Bankers Jailed, Sued as Iceland Seeks Culprits for Crisis

US Posts 19th Straight Monthly Budget Deficit

Dow Theorist Richard Russell: Sell Everything Liquid, You Won’t Recognize America By The End Of The Year

Stocks Slide After Euro Falls to New Four-Year Low

Oil Spill to Shut Down 19% of Gulf Fishing

Global Investors Flock to US Debt at Record Speed