Banks in Italy Find an Unusual Liquidity Lifeline
G.G. sent us this: Right Now Officials in Brussels are Threatening to Cross a Line that Will Set Off Panic
Also from G.G.: Central bank gold buying at 40-year high.
Reader N.L. mentioned: Canada’s “new” $100 note–It’s made of plastic!
Items from The Economatrix:
The Crisis Eats Its Way Into The Core
JPMorgan Joins Goldman Keeping Italy Derivatives Risk In Dark
US Economy Growing At Fastest Pace Of The Year. (Isn’t it amazing what several trillion dollars created out of thin air can do in the short term?)