Reader “G2” sent this: China revaluation would hurt U.S.: World Bank’s Lin [1]. 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 [2]) keeps growing: Here’s Another $23 Billion Bailout That You May Have Missed This Week. [3]
G.G. suggetsed this from The New York Post: The Next Di$a$ter–Federal mortgage insurance [4]
Items from The Economatrix:
First Gold, Now Europe Running Out of Silver [5]
Bankers Jailed, Sued as Iceland Seeks Culprits for Crisis [7]
US Posts 19th Straight Monthly Budget Deficit [8]
Stocks Slide After Euro Falls to New Four-Year Low [10]