For the Horrible Irony Department: White House Warns Failure to Raise Debt Ceiling Would Mean Economic ‘Crisis’. (Thanks to Chad S. for the link.)
John R. sent us this: Never Forget the Fed Caused the Economic Downturn
Also from John: Bernanke Only Adds Fuel to the Fire with Quantitative Easing
Albert Edwards: China is a “Freak Economy” and it Will Crash, and Take Down the Rest of the World. (Our thanks to Siggy for the link.)
Items from The Economatrix:
Commodities Beat Financials Making Silver Top Pick
Credit Card Withdrawal-Banks Pull Plug on Consumer Revolving Debt