Frequent content contributor Jeff B. sent this: US Said Preparing New Laws to Seize Americans’ Retirement Accounts [1]. As I’ve written before: Governments at all levels will be desperate for revenue, throughout this currently unfolding depression. Expect them to find new and creative ways to pry into your wallet.
Stock markets face a ‘bloodbath’, warns SocGen strategist Albert Edwards [2]. (Thanks to Jon M. for sending that link.)
Reader S.M. sent: What the Double Dip Recession Will Look Like [3]
This was inevitable: ‘Jingle Mail’: Developers Are Giving Up On Properties [4]. (A hat tip to David W. for the link.)
The BHO Administration’s propagandist talk about “The current recovery” is diminished by this recent report on trucking tonnage in the U.S. [5]
Items from The Economatrix:
Waiting for the Other Shoe to Drop [6]
Irish Debt Downgrade Raises Fear of International Deflation Spiral [7]
Why US Treasury Notes Will Eventually Yield Nothing [9]