Brad H. sent this from Capitalism magazine: The Collapse of America? The Dire Message of Mr. David Walker
Detroit sets record for unemployment–28.9% (Thank to Paul B. for the link.)
Items from The Economatrix:
Arnold Holds Great California Garage Sale To Help Economy
How Goldman Sach’s Problems are Hurting You
US Economy: Spending Climbed in July Due to Clunkers Program
Japanese Economy Hit by “Double Nightmare”
Bankers’ Excesses…At Our Collective Expense
Tsunami of Broke and Desperate Americans
Fed urges secrecy on banks in bailout programs (A more accurate headline would be: “Fed Warns The Truth Will Destroy The Economy”)
Japan Unemployment Hits Record High
US Prisoners Get Cash To ‘Boost Economy’
Summer ‘Recovery’ Will Turn to Cold, Long Winter
Investment Crash Points to Economic Pain
UK Financial Watchdog Backs World Transaction Tax
Can The Financial Soufflé Rise Again?
UK Sleepwalking Toward Decade of Economic Misery
Germany to Lend Directly as Second Credit Dive Looms