Farmer John suggested this article: 20 Cities Where Housing Prices Are Still Dropping Like A Knife [1]
Air Conditioning, Cable TV, and an Xbox: What is Poverty in the United States Today? [2] (Thanks to K.A.F. for the link.)
John R. sent another big bunch-o’-links:
The Fed Is Now More Leveraged That Lehman Brothers Was [3] (Graham Summers)
Global Economic Crisis: Finance is the New Mode of Warfare [4] (Michael Hudson)
Portugal Joins Spain and Greece in Lying About its “Colossal” Deficit [5] (Tyler Durden)
Five buys, Five sells for 10 long years of no growth—Commentary: Recession hits in 2012, and things don’t get better [6] (Paul B. Farrell)
You Want to Fix the U.S. Economy? Here’s a Start [7] (Charles Hugh Smith)
The Correlations are Failing Karl Denninger [8]
Crisis in Confidence? [9] (Gary Tanashian)
Items from The Economatrix:
Fears About Debt Send Gold Price to Record [10]
Debt Worries Drag Down the Stock Market [11]
$5 Trillion of Financial Assets Go Up in Smoke [12]
The CON Game: Confidence, Spending, and Inflation Expectations [13]
Poor Man’s Gold is Breaking Out — Sell Your House and Buy Silver? [14]