G.G. sent this from Forbes: Bernanke Out Of Bullets But Not Bombs: Federal Reserve’s ability to buy assets and spark inflation is unlimited [1].
Ambrose Evans-Pritchard reports: Société Générale tells clients how to prepare for ‘global collapse’ [2]
G.G. mentioned this guest article posted over at Zero Hedge: A Termite-Riddled House: Treasury Bonds [3]
Buried down in the fine print of the New York Times we read that the FDIC is $15.2 billion in the hole [4]. But gee, who’s counting, and who cares, when Uncle Sugar can create unlimited money out of thin air?
The Daily Bell asks: Bank Run 2011? [5] (Thanks to Shawn S. for the link.)
Bank run in Afghanistan: Karzai urges Afghans not to panic as bank withdrawals accelerate [6]
Items from The Economatrix:
The US Economy is Not Getting “Better” — It’s Dying! [7]
Gold Rallying to $1,500 as Soros’ Bubble Inflates [8]
Stock Investors Brace for Another Ugly September [9]
Cash-poor Local Governments Ditching Public Hospitals [10]