Bond Prices Plunge for Second Day on Deficit Fears [1]. (Thanks to B.B. for the link.)
Nancy B. suggested this insightful piece by Max Hastings: We’re all doomed!!! We still haven’t woken up to how much poorer the West is going to be in the future… [2]
Fleeing the U.S. Dollar: IMF sells 200 metric tons of gold worth $6.7 billion to India’s central bank [3]
Here is a piece by my mentor, Dr. Gary North: U.S. Facing Federal Debt Cataclysm, The Establishment Is in Despair [4]
Ferd flagged this: The Fed Has a $110 Billion Problem with New Benjamins [5]
The Federal Reserve covered staggering losses at American banks [6]
Items from The Economatrix:
Consumer Credit Jumps by Most in More than Two Years [7]