John R. pointed us to a piece by Mike Whitney: Printing a Recovery [1]. While our politics don’t always mesh, I’m in full agreement with Whitney on the re-animation of the credit bubble.
Also from John R., a piece over at Lew Rockwell’s site by Terry Coxon: The Long Swim – How the Fed Could Become Insolvent [2]
Silver Demand Surges Six-Fold in India and World’s Richest Man Enters the Silver Market [3]
B.B. recommended a well-produced video from Gold Core: GoldNomics – Cash or Gold Bullion [4]
Reader B.J.G. flagged this item: Brazil Threatens Trade War Against US, China [5]
John S. sent this: Portugal bailout talk weighs on markets [6]
John R. sent this: Debt default fears will spread to US and Japan, warns Citigroup’s Willem Buiter [7]