We Are in ‘Worse Situation’ Than in 2008: Roubini. (Thanks to Neil H. for the link.0
S.M.O. sent a link to some astute observations by Jeffrey Snider about what he calls a silent run on fiat currencies: Ghosts of Lehman And a Budding Bank Crisis.
U.S. Debt Held by Public Tops $10 Trillion for First Time—Up 59 Percent Under Obama
Federal, State, and Local Expenditures as a Share of GDP at WWII Levels. (Thanks to G.G. for the link.)
‘Houseboats’ for Rough Economic Waters
G.G. sent this: Chart Shock: The Real Unemployment Rate is 22%
K.A.F. liked this humorous piece over at Business Insider: Dear Ben, Please Print Us More Money
Items from The Economatrix:
Gold, The Best Safe Haven We Have
John Williams’ Forecast: “Catastrophe Ahead”
What’s Going on With the U.S. Economy?