Odds ‘n Sods:
Just when we thought the economic headlines couldn’t get much worse, Mark P. for spotting this: Downturn accelerates as it circles the globe: Economies worse off than analysts predicted just weeks ago. And Paul A. sent this grim deflationary prediction from Mish Shedlock: Extreme Leverage In Reverse Portends Global Systemic Crash. Whether the incipient crash is deflationary, or inflationary, or a whipsaw of sharp deflation followed by sharp inflation (which is my personal prediction), you should get you beans, bullets, and Band-Aids together and stand ready! o o o Mike W. sent us this “must read” piece from NASA …