Jim W. suggested this chilling piece abut the next wave of house price declines: Keith Jurow: Prepare For The Coming Housing Collapse [1]
Greek energy crisis could cause national power blackout in June [2]. (Thanks to Ian R. for the link.)
PIMCO’s Gross warns of economic “breaking point” [3]
Nobel Laureate Says Globe Headed For Financial “Breakdown” and “Radicalism” [4]
Chris G. flagged this bad news: Time Bomb? Banks Pressured to Buy Government Debt [5]
Items from The Economatrix:
Some derivatives news: The Second Act of the JPM CIO Fiasco Has Arrived — Mismarking Hundreds of Billions in Credit Default Swaps [6]