Economics and Investing:
Reader P.D. spotted this: Global Exposure in Financial Derivatives Surpasses One Quadrillion Dollars This was linked at the Total Investor blog: Economist Shiller Sees ‘Bad Recession,’ Stocks Could Drop Again. “Shiller says that this is a dreaded “liquidity trap.” The MOAB keeps growing: Fannie & Freddie: The most expensive bailout (Thanks to Charlie W. for the link.) From “HP” comes this piece by Mish Shedlock: Bernanke Terrified Over Commercial Real Estate, Seeks Still More Power Over Consumers Heather flagged this: Cash-strapped states raid 911 funds Items from The Economatrix: Global Exposure in Derivatives in Excess of One Quadrillion Dollars 24 …