Economics and Investing:

James Wesley Rawles July 4, 2009 July 4, 2009

From Mish Shedlock: Sweden Cuts Deposit Rate to NEGATIVE .25%

Treasury’s Distressed Debt Plan Said to Begin With $20 Billion

Morgan Stanley May Post Loss After Paying Back U.S. Bailout Funds

China’s Zeng Urges More Oversight of Reserve-Currency Nations

“DD” sent this: Dow off 223 as unemployment jumps; The dismal report on job losses startles traders. The S&P is now a loser on the year, and oil falls below $67.

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James Wesley, Rawles (JWR) is Founder and Senior Editor of SurvivalBlog, the original prepping /survival blog for when the Schumer Hits The Fan (SHTF). He began SurvivalBlog in 2005. It now reaches more than 320,000 unique visitors weekly.
JWR is a journalist, technical writer, and novelist. His survivalist novel Patriots: Surviving the Coming Collapse, is a modern classic that reached #3 on the New York Times bestsellers list. Two of his other novels have also been best New York Times bestsellers.
Jim is the originator of the American Redoubt movement and a frequent talk show and podcast guest. He is also a retreat consultant specializing in off-grid living, rural relocation, and survival preparedness.

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