The latest at Dr. Housing Bubble: The financial psychology of negative equity [1] – 1,880,000 California mortgage holders have no equity in their homes. California home prices will fall 15 to 25 percent in the coming years. 1 out of 3 California mortgage holders at risk of walking away or defaulting.
What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce? [2]
Ben S. suggested this: Normal Interest Rates Would be a Disaster for U.S. Debt [3]
Items from The Economatrix:
Fears of a Slowdown in Japan Push Stocks Lower [4]
Quake Selloff Wipes $287 Billion Off Tokyo Stock Marke [5]t
Tangible Commodities Rule as Dollar Tumbles [6]