Those pesky derivatives again: The Next Shoe To Drop: European Insurance Companies – Assicurazioni Generali CDS Explodes. (Thanks to J.B.G. for the link.)
Another from J.B.G.: US Ready to Back Bigger EU Stability Fund: Official.
John R. sent these two items: EU Outlines Bond Restructuring Plan
Also from John: EU rescue costs start to threaten Germany itself. “The escalating debt crisis on the eurozone periphery is starting to contaminate the creditworthiness of Germany and the core states of monetary union.”
Mounting calls for ‘nuclear response’ to save monetary union. (Thanks to J.B.G. for the link.)
Dr. Housing Bubble reports: The mini face of foreclosure. Oh and speaking of mini houses: Tiny house movement thrives amid real estate bust. (Thanks to Jon A. for the latter link.)
B.L.W. flagged this: Theft of nickel from city warehouse has international implications
Items from The Economatrix:
The US Economy: Stand By For Worse News
Global Debt Crisis Implosions, Use Gold And Silver To Protect From The Big One, Coming Soon