Economics and Investing:
Scooby Doo say: “Rutt-row!”: Moody’s Downgrades Portugal to Ba2 From Baa1, Outlook Negative John T. suggested this by Peter Schiff: The rise of the barter economy Tyler Durden reports at Zero Hedge: Planned Job Cuts Increase by 12% in June, Second Sequential Increase. Here is a quote: “Forget new job formation. According to the just released Challenger jobs report, job destruction is starting to be an issue again, after the June report disclosed that “the number of planned job cuts announced by U.S.-based employers increased by 4,297 or 11.6 percent to 41,432 in June.” Europe takes another step closer to …