Reader Lee M. mentioned this by Bill Fleckenstein: The stimulus ship sets sail: The pressure is building on central banks worldwide to do the one thing they think works: print money. Expect to see QE3 bond-buying from the Fed, and similar moves in Europe, very soon. [1]
C.D.V. sent this one: CBO paints grim long-term debt picture [2]
Bruce Krasting of Zero Hedge discusses currency controls, in reverse: $7 Million a Minute [3]. It is strange, indeed to see a country putting up walls to stop currency from coming in.
Items from The Economatrix:
Paul Craig Roberts: Collapse At Hand [4]
Greece Warns Of Going Broke As Tax Revenues Dry Up [5]
Tracking Europe’s Debt Crisis [6]
Central Bank Rescue Hopes Fuel Strong Market Rally [7]
Why Warren Buffet Is Wrong About The “Very Low” Risk Of Recession [8]