S.C. flagged this: Policy Options Dwindle as Economic Fears Grow. S.C’s comment: “Wow, even the New York Times gets it!”
Chris P. sent this New York Times article: Housing Fades as a Means to Build Wealth.
G.G. sent this: S&P Says US Should Act to Protect AAA-Rating.
G.G. flagged Part 2 of Gonzalo Lira’s excellent essay: Hyperinflation, Part II: What It Will Look Like
My hero, Dr. Walter Williams comments: Avoiding the Looming Disaster of Social Security (Thanks to Don W. for the link.)
Sue C. sent this: Economy slows to 1.6 percent as trade gap widens
Items from The Economatrix:
Why US Treasury Notes Will Eventually Yield Nothing
Stocks Rise After 2Q GDP News, Bonds Slip
Consumer Spending Rises 0.4% In July
Stocks Drop as Investors Enter Week Cautiously
Gasoline Prices Fall Ahead of Labor Day Weekend
Bernanke Calls For Help to Revive The Stuttering US Economy
Joel Skousen: Inflation: What it Takes to Get There
Stock Markets Face “A Blood Bath,” Warns SocGen Strategist Albert Edwards
Bancor: The Name of the Global Currency that a Shocking IMF Report is Proposing
Investors Embark on Treacherous Month
UK: Graduates Warned of Record 70 Applicants for Every Job. “Class of 2010 told to consider flipping burgers or shelf stacking to build skills as they also compete with last year’s graduates.”