The latest spike: St. Louis Fed Adjusted Monetary Base (BASE) [1]. With massive monetization still underway, the key question is :at what point will come the transition from deflation to mass inflation? I suspect fairly soon…
‘Plan for an economic 9/11’: Analysts warn Americans to buy guns and gold, predicting market crash and street riots within a year [2]
Home prices fell in December in most US cities. Survey: Prices fell in 18 of 20 US cities in final months of 2011, prices back to 2002. (Thanks to C.D.V. for the link.)
R.C. sent this: S&P declares Greek ‘selective default’ after bailout [3]
Also from R.C.: The Fed’s Anti-Recession Effort May Unleash 15% Inflation [4].
Dollar Alternative Anyone? [5] (A hat tip to Diana for the link.)
The Greek Default Credit Event Day Cometh: ISDA Committee Agrees to Review Greek CDS Trigger Query. [6] Meanwhile, we read: If Greece isn’t a ‘credit event,’ what is? [7] (Thanks to C.D.V. for the links.)
Items from The Economatrix:
John Galt: It’s Time To Accept Reality That It’s Too Late [8]
Market Crash And Street Riots Within A Year: Americans Should Plan For Economic 9-1 [9]1