MF Global: Proof that the U.S. government is not able or willing to protect investors [1]. (Thanks to Jeff H. for the link.)
Karl Smith: The Euro-Crisis is Much Worse Than It Looks [2]
Just as if they were cranking up the printing presses: Top central banks move to avoid global liquidity crunch [3].
Meanwhile, overseas: China cuts reserve ratio in move to inject cash [4]. (Thanks to K.A.F. for the link.)
Harrisburg: a city at war with itself [5]. (The first major U.S. city to declare bankruptcy. The first of many, I fear.)
Items from The Economatrix:
Prepare For Riots In Euro Collapse, Foreign Office Warns [6]
European Banks Frantically Trying To Dump $7 Trillion of Cr*p Assets, But No One Will Buy Them [7]