Central Banks Dollar Liquidity Only Prolongs The Euro Debt Crisis.
J.B.G. sent this: Desperately Seeking Capital: Berlin May Have to Nationalize Giant Commerzbank.
By way of Glenn Reynolds at Instapundit comes this: China to Prepare for Social Unrest.
Jim Rogers: US Falling Into ‘Deeper Trouble,’ Faces 2013 Depression. (Thanks to B.B. for the link.)
G.G. sent this: Anxious Greeks Emptying Their Bank Accounts
Items from The Economatrix:
MF Global Proves Enron-Era Accounting Lives On
Central Bank Intervention: Much Ado About Nothing