Reader M.T. sent us this link: Gerald Celente: The Crash Is Underway
H.L. sent this: Fears of Global Slowdown Hammer Stock Market
Payback Time – Budget in the Red, Illinois Has Stopped Paying Bills (thanks to B.B. for the link.)
Items from The Economatrix:
Obama Says US Economy “Strengthening” Despite Weak Data
US Auto Sales Seen Slowing with Recovery in Doubt
City Budgets Snuffing 4th of July Fireworks
Joint Chiefs Chair Reiterates Debt Is National Security Threat
BP Shares Soar on Takeover Talks
Greek Austerity Rage Spills Into Athens Streets
One Million Protest Italy Austerity Package
Crackdown! Is the Massive Wave of Strategic Defaults About to Come to a Screeching Halt?