Economy Caught in Depression, Not Recession: Rosenberg [1]. (Sent by several SurvivalBlog readers.)
Morgan Stanley Says Government Defaults Inevitable [2]
B.B. sent this: Foreclosure Study Shows Dramatic Value Drop [3]
Trent H. forwarded this must-read article: “Enron accounting” Has Bankrupted America; U.S. Deficit Really $202 Trillion Kotlikoff Says [4]
SIG flagged this: Hussman Funds – Weekly Market Comment: Why Quantitative Easing is Likely to Trigger a Collapse of the U.S. Dollar [5]
Items from The Economatrix:
Low Pension Return May Soak New York Taxpayers
[6]
Two People Sign Up for Obamacare in New Jersey [7]
Investors Have Withdrawn a Staggering $33.12 Billion from Mutual Funds in 2010 [8]
S&P Downgrades Irish Debt Rating [9]
Low Prices and Rates Can’t Slow Fall in Home Sales [10]
Ambrose Evans-Pritchard: Spain Uses Social Security to Prop Up Bond Market [11]