Unemployment Could Remain High Until 2013 [1]. JWR Adds: To be more accurate, I would have written: “…Until 2023.”
Yale Economist Robert Shiller Warns Seven Years of Economic ‘Bad Times’ in Store for US [2]
L.J. sent some more bad news from England: Mortgage lending plummets to 10-year monthly low as housing market remains ‘exceptionally’ weak [3].
From the Wall Street Journal‘s Australian bureau: Silver looks ready to rip [4]. (Thanks to Bob G. for the link.)
Russian crop misery spreads to world’s supermarkets [5].
Items from The Economatrix:
California Attorney General Asks GMAC to Stop Foreclosures [6]
Economy Heading Toward “Catastrophic” Collapse [7]
They Are Printing Too Much Money [8]
Stocks Reignite a Rally as Economic Woes Fade [9]
Business Spending on Capital Goods Rises in August [10]
Pace Of New Homes Sales Second Slowest On Record [11]