P.D. flagged this one: Right Now, a Complete Collapse of the Financial System is Not Out of the Question [1]
Michael Z. Williamson (SurvivalBlog’s Editor at Large [2]) recommended this article: Bernanke soft-pedals QE2 risks [3].
The age of the dollar is drawing to a close [4]. (Thanks to H.W. for the link.)
Items from The Economatrix:
Stiglitz: We Have to Throw the Bankers in Jail or the Economy Won’t Recover [5]
Largest 15 States are Spending Over 220% of their Tax Revenue [6]
Microsoft CEO Sells $1.3 Billion of Shares [7]
World Blasts Deranged Madman’s Uncheckable Insanity [8]
German Minister Renews Fed Criticism [9]
Inflation Watch:
Chris Mayer: Inflation is Already Here with Lots More to Come [10]
US Dollar Printing Huge Risk to World: China Banking Adviser [11]
Quentin wrote: I have been using the “Big Rolls” (1,000 sheet roll) of toilet paper from Walgreen’s Pharmacy for years. Whenever they are on sale we buy. I knew the price had gone up but didn’t know “the rest of the story”. The oldest roll in our stock was priced at 79 cents each or 3/$1.99 and weighed 9.4 oz. The sheets were 4.5”x 4.4”and totaled 137.5 sq. ft. The next oldest roll in our stock was priced at 89 cents each or 4/$3.00 and weighed 7.8 oz. The sheets were 4.25”x 4.0”and totaled 118.05 sq. ft. The ones I bought yesterday were priced the same at 89 cents each or 4/$3.00. The sheets were 4.25”x 4.0”and totaled 118.05 sq. ft. But the rolls only weighed 7.4 ounces!”
Cotton Clothing Price Tags to Rise [12].
As Fed Policy Sinks the Dollar, Prices of Essentials Soar [13]