B.B. recommended this at the Jim Rogers Blog: We Should Take The Pain Now And Not Wait Until The Market Forces The Pain On Us
$15 Trillion, and counting: US Government Spiraled Deeper into Debt This Fiscal Year. (And that doesn’t include long term pension and interest obligations!)
Yishai and several other readers sent this: Treasury plans for euro failure: The Government is considering plans to restrict the flow of money in and out of Britain to protect the economy in the event of a full-blown euro break-up. Yishai’s noted: “If I were British, I’d be trying to move some money offshore now.”
Items from The Economatrix:
S&P Drops Second Downgrade Clanger on Goldman Sachs