Getting ready for a wave of coal-plant shutdowns [1]. (Thanks to KAF for the link.)
Pierre M. suggested this: Trouble in Paradise Strength of Swiss Franc Roils Saint-Tropez and Other Cities Across Europe [2]
John R. kindly sent us a raft of links:
The Root Causes of the Global Financial Crisis [3] (Bob Chapman)
Bernanke’s last resort: Start dancing? [4] (Paul R. La Monica)
Plosser calls Fed’s low rate pledge “inappropriate” [5]
Europe’s banks could break us all Bill Fleckenstein [6]
The Bailout Isn’t Working Bank of America is the canary in the coal mine [7]
U.S. Treasury Hidden Trickery in Mortgage Backed Security Recoveries [8] (Aftab Singh)
Economists Refuse to Recognize the New Great Depression [9] (Cliff Droke)
Europe’s Debt Crisis Won’t End Until Greece Defaults [10] (Jeff Cox)
Politicizing the Fed? Blame Nixon, Not Perry [11] (Real Clear Markets)
Big Money and the Economic Depression [12] (Martin W. Armstrong)
The Case Against Rating Agencies—Guard-Dogs for the Banks [13] (Michael Hudson)
Items from The Economatrix:
US Bond Yields Plunge as Economy Fears Mount; Drop Below 2% for First Time [14]
Dollar, Yen Up with US Recession Fears at Forefront [15]
Brent Oil Drops Nearly $4 as Recession Fears Grow [16]
The Real Euro Crisis Is Yet To Explode [17]