G.G. flagged this item from McNewspaper: Bankruptcy filings are nearing the record 2 million of 2005
Also from G.G. come this item from the Australian branch of The Daily Reckoning: The Housing Non-Recovery
Frequent content contributor RBS sent this: Silver? The Swiss franc? Fear sends investors to safety
Items from The Economatrix:
Too Much Risk: $1.2 Quadrillion Derivatives Market Dwarfs the World’s GDP
Hedge Funds Hit in “Monstrous” May
Bernanke All But Rules Out Double Dip
Inflation Corroded Copper Coins (The Mogambo Guru dispels the coinage “hoarding” myth.)
50 Statistics About the US Economy that are Almost Too Crazy to Believe
Retail Sales Drop 1.2% in May, Biggest Dive in Eight Months
World Bank Warns of Double-Dip Risk
US Faces “Severe” Losses on AIG, Commission Warns. (What, more MOAB?)