Several readers sent this: U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day
Brett G. sent us this: Experts: Europe to Push US Back Into Recession
Mac F. liked this essay by Monty Pelerin: Worse than a Depression
Complexity and Collapse: Empires on the Edge of Chaos by Niall Ferguson. (A hat tip to Thomas P. for the link.)
Laura Bassett reports: Disturbing Job Ads: ‘The Unemployed Will Not Be Considered’ (A hat tip to Simon J. for the link.)
Items from The Economatrix:
Central Bank Gold Holdings Expand at Fastest Pace Since 1964. (Why do central bankers buy high, and sell low?)
The Great Wobble (The Mogambo Guru)
Making Ends Meet in the Great Depression
Bernanke: Important Concerns Remain About the Economy
Late Slide: Stocks Fall Last Hour, Dow Down 115
Dollar Surges to Four-Year High Against the Euro
Euro Sinks to Four-Year Low as Hungary Fears Being the Next Greece
Consumer Borrowing Up Slightly in April
Pump Prices Leveling Off After 20-Cent Drop
Banks Profit From Near-Zero Interest Rates