Evan D. mentioned this article: Next bubble: Corporate bonds..or stocks
The BBC reports: Finland in double-dip recession. (Our thanks to Evan D. for the link.)
By way of The Daily Bell, we read: Britain Becomes The First To Choose Deflation
Reader S.M. sent us this: Bernanke Puzzled by Gold Rally. Obviously, Helicopter Ben doesn’t understand that gold is a proven hedge against both inflation and deflation. Thankfully, Mr. Market isn’t fooled by such political pronouncements. When I last checked, spot gold was at around €1,018 per troy ounce. This is near its all-time high in Euro terms. In my estimation, the precious metals are nowhere near their eventual top!
Schultz: Deflation Now, Hyperinflation Soon
Items from The Economatrix:
IMF’s Unpalatable Truth: Euro Must “Reform Or Die”
Gold Breaks Record as Investors Fear Recession, Currencies
Bernanke Tells Congress: Reduce The Deficit
Risks to Global Economy Have Risen Significantly
Euro Crisis Could Hit Asia, IMF Warns
Debt Spreading “Like a Cancer”: Black Swan Author