Economics and Investing:

James Wesley Rawles June 30, 2010 June 30, 2010

KAF sent this: Five minutes of waiting to exhale A 17 percent plunge in Citigroup Inc. today triggered a five-minute trading pause, making the bank the second company halted by the two-week-old circuit- breaker program created to prevent market panics

From reader S.M.: The Third Depression

Also from S.M: US State Budget Crises Threatens Social Fabric

Items from The Economatrix:

Derivative Market: Alive and Kicking Despite Reforms

Banks Told to Hoard Cash in Case of Crisis

New UK ATMs to Restrict Money Supply

46 US States Facing Greek-Style Crisis

Oil Price Rises Over Tropical Storm Concerns

Unemployed Face Abuse from Other Americans

Severe Economic Downturn Indicated

US Auto Sales Seen Slowing with Recovery in Doubt

Stocks Skid on Renewed Fears of Global Slowdown

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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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