Those pesky derivatives: Task force slaps MBS-related charges against more banks
The Other B.B. suggested this interview: Kyle Bass On The Federal Budget: “I Don’t Know How To Fix This”. Not surprisingly, Bass recommends getting out of dollars and into productive tangible assets.
At Forbes: Managing The Risks Of A Globalized Supply Chain
Items from The Economatrix:
Last Housing Crash Is Not Even Over But Bernanke As Set The Stage For The Next One
Bill Gross: Only Gold And Real Assets Will Thrive In Fiscal “Ring Of Fire”
California Gas Stations Begin To Shut On Record-high Spot Prices.
Gas Prices Suddenly Skyrocket In California