And Now, Here’s The First 11 State Pension Funds That Will Run Out Of Money [1]. (Thanks to B.B. for the link.)
Reader Jonathan C. pointed us to this: Outraged Yet? What if Fed Buys Munis? [2] (I suspect that the MOAB [3] will end only at the point of national bankruptcy and collapse of the U.S. Dollar.)
Items from The Economatrix:
Stocks Flat as Wall Street Shrugs Off China Rate Move [4]
Oil Holds at $91 Per Barrel [5]
East Coast Blizzard Chills End of US Holiday Shopping Season [6]
Second Crisis Feared if Interest Rates Kept Low [7]
US Changes How It Measures Long-Term Unemployment [8]