J.B.G. mentioned a recent piece by the ever-cheery Ambrose Evans-Pritchard: Fear gauge enters the red zone [1].
Bama Man sent this: Chicago Tower Year’s Largest Muni-Bond Default [2]
Rhonda T. sent this sign of the times: Spam Turns Serious and Hormel Turns Out More [3]
From The Washington Post: World Market Fall Sharply After Fed Action on Bonds [4] (Thanks to Linda U. for the link.)
Items from The Economatrix:
S&P Downgrades Italian Sovereign Debt Rating; Fear of Contagion Spreads [6]
Implosive Fusion of Global Financial Assets [7]
IATA Says Airline Profits For 2012 to Drop 29% [8]
30 Signs that the US Economy is About to Go into the Toilet [9]