A “must watch” video by Peter Schiff: Operation Screw: The Fed goes all-in on QE. The Fed is attempting to create another, larger housing bubble.
What Does A $4 Trillion Fed Balance Sheet Mean For Gold And Oil? (Thanks to B.B. for the link.)
G.G. sent this essay by Nicholas Eberstadt: A Nation of Takers: America’s Entitlement Epidemic
World War III: the unthinkable cost of preserving the petrodollar
Items from The Economatrix:
Mish: Canadian Exports Collapse, Expect Plunge in GDP