Ol’ Remus writes In Praise of Junk Silver [1].
Frequent content contributor John R. suggested this: Derivatives: The Quadrillion Dollar Financial Casino Completely Dominated By The Big International Banks [2]
Paul W. mentioned: China Overbuilding to ‘Hit a Wall’: Chanos [3]
The Human Toll of America’s New Ghost Towns. [4] With its incredibly high foreclosure rate [5], Las Vegas has become the Poster Child of the housing bust.
New Madoff lawsuits seek $40 Billion [6] …from banks and hedge funds.
Recession Lasting Until 2018 Is Worth Exploring: William Pesek [7]
Items from The Economatrix:
Stocks End Mixed Ahead Of Senate Vote On Tax Deal [8]
Oil Prices Settle Higher After OPEC Meeting [9]
Treasury Prices Get A Lift After Fed Buys Bonds [10] (“Gee, if I pay my VISA bill with my Mastercard, then my financial problems will be solved!”)
Ambrose Evans-Pritchard: Eurozone In Bad Need Of An Undertaker [11]
Roger Weigand: Phase Two Of This Greater Depression Begins Now [12]