A preview of Things to Come, for the U.S. of A?: Iceland reports record 34 percent inflation
Portuguese Five-Year CDS at Record High, Spread Wider. Can you spell D-E-F-A-U-L-T, boys and girls? (Our thanks to Brad F. for the link.)
Amy R. sent this: U.S. Food Inflation Spiraling Out of Control
Courtesy of frequent content contributor Jeff B.: 10 Cities Facing a Double Whammy of Default Risks
Thanks to Mark G. for flagging this: The Housing Crash Has Just Started; Get set for falling prices again. Round two is about to begin.
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