B.B. sent this: UBS’ Advice on What to Buy in Case of Eurozone Breakup: “Precious Metals, Tinned Goods and Small Calibre Weapons” [1]
Also over at Zero Hedge: Rumor Meet News: S&P to Put All 17 Euro Nations on Downgrade Watch [2]. (Thanks to Keeley for the link.)
Lord Stevens: youth unemployment will fuel disorder on the streets [3].
Chris Martenson and James Turk talk about the Global Debt Explosion, Europe, and Derivatives [4]. Martenson asks: “How do you un-wind $600 trillion to $1 quadrillion in derivatives?”
Richard Russell: Expect a Jolt in Commodity Prices in the Near Future [5]
Items from The Economatrix:
Fed Hawks Say Central Banks Can’t Solve Fiscal Woes [6]
John Williams Hyperinflation Warning, Preserve Wealth Value With Gold [9]
Study Documents Desperate Conditions Facing The Unemployed In America [10]