Economics and Investing:

Dow Crashes About Three Percent as Euro Drops, Jobless Claims Rise

Stocks Dive, Dow Off 376 on World Economic Worries

C.D. in Northern Virginia liked this piece: One financial doomsday scenario.

Flavio sent this linkio: What’s Next – Minor Correction or Major Decline?

G.G. flagged this: A surprise jump in UK inflation to 5.3 per cent means that not a single savings account on the market offers an interest rate higher than the cost of living.

Items from The Economatrix:

Merkel: Bailout has Bought Only Time, Not A Solution

Soros Sees No Bottom to World Financial Collapse

US Consumer Prices Fall in April

The EU is as Doomed as Its Currency

Greece May Have to Quit Eurozone Warns Former Head of Germany’s Central Bank