GG sent this: ECB may have to turn to ‘nuclear option’ to prevent Southern European debt collapse
Brett G. spotted this article over at NewsMax: U.S. Debt to Hit $20 Trillion, Financial Times Warns
Greek borrowing costs hit high as Germany fuels uncertainty over aid. (Thanks to R.I.P. for the link.)
RBS sent this piece about foreclosed real estate: Flipping houses is back in South Los Angeles
Europe debt crisis spreads to Portugal (Standard & Poors downgraded Greece and Portugal sovereign debt paper to “junk” status today.)
Items from The Economatrix:
Stocks Pull Back on Europe’s Deepening Debt Woes
Europe Debt Crisis Spreads to Portugal
Consumer Confidence Grows as Economy Strengthens
Market Manipulation and Delusions of Prosperity (The Mogambo Guru)