Author: James Wesley Rawles

Jim M. sent me this: Citi: Euro Collapse Would Spark Global Depression, Push Unemployment Above 20% G.G. sent this: MF Global fallout delays U.S. farm seed, land deals Copper theft becomes a crisis for public agencies. (Thanks to reader S.B. for the link.) Daniel M. suggested a sobering piece by John Stossel: Ten Years to Greece   Standard & Poor’s to Eurozone: Fix It or Else… Items from The Economatrix: USPS Slowdown, 100,000 to Lose Jobs Many Americans Already Done with Holiday Shopping Soros:  Global Financial System In “Self-Reinforcing Process Of Disintegration” Jim Willie:  “The Public Will Not Wake Up …

B.B. sent this: UBS’ Advice on What to Buy in Case of Eurozone Breakup: “Precious Metals, Tinned Goods and Small Calibre Weapons” Also over at Zero Hedge: Rumor Meet News: S&P to Put All 17 Euro Nations on Downgrade Watch. (Thanks to Keeley for the link.) Lord Stevens: youth unemployment will fuel disorder on the streets. Chris Martenson and James Turk talk about the Global Debt Explosion, Europe, and Derivatives. 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 Items from The Economatrix: Fed …

Central Banks Dollar Liquidity Only Prolongs The Euro Debt Crisis. J.B.G. sent this: Desperately Seeking Capital: Berlin May Have to Nationalize Giant Commerzbank. By way of Glenn Reynolds at Instapundit comes this: China to Prepare for Social Unrest. Jim Rogers: US Falling Into ‘Deeper Trouble,’ Faces 2013 Depression. (Thanks to B.B. for the link.) G.G. sent this: Anxious Greeks Emptying Their Bank Accounts Items from The Economatrix: MF Global Proves Enron-Era Accounting Lives On Central Bank Intervention:  Much Ado About Nothing Analyst:  Earnings Outlook May Be Deteriorating Rapidly Analysis:  BofA Close To Its Limit For Share Issuance