Economics and Investing:
Aubie Baltin comments on the $1,200 trillion ($1.2 quadrillion or $1.200,000,000,000,000) derivatives market, bonds, monetization, and hyperinflation. Items from The Economatrix: Desperate Car Dealers Get Useless Loans SBA’s redefinition of “small business” makes financing availabile…with strings attached. Pontiac, Pop Culture Icon, Hits the End of the Road Labor Day Rioting in Berlin Over Economy Gold Isn’t Going to $2,000 Per Ounce UK: Company Failures are “Tip of the Iceberg” Riots Across Europe Fueled By Economic Crisis France: May Day Warning Petraeus: Pakistan Could Be Two Weeks Away From Collapse