Pierre M. sent: Egypt Crisis Puts Spotlight on Weakness in US: El-Erian [1]
A few industries are bucking the trend and doing well in the recession. The newspaper article from Montana highlights one: Bitterroot Valley ammunition makers see ever-growing demand. [2] Don’t miss the comments on buyers’ concerns about “the world falling apart”, near the end of the article. (A hat tip to Mara for the link.)
More mainstream media feel-good journalism: Everything You Ever Wanted To Know About The World’s Battle With Inflation But Were Afraid To Ask [3]. From their standpoint, inflation is a good thing. As if we’re supposed to feel good about being robbed, gradually… Memo to Mainstream Media: Please don’t sprinkle me with water from a toilet bowl and try to tell me that its raining.
Items from The Economatrix:
Global Credit Contagion on the Verge Again [4]
Gerald Celente: Official Unemployment Rate is an “Official” Lie [5]
10 Reasons Why it Has Become So Soul-Crushingly Difficult to Find a Job in America Today [6]
Which Currency Will Crash First? [7]
3.9 Million Americans Ran Out of Jobless Benefits in 2010 [8]