SurvivalBlog’s Poet Laureate, George Gordon (“G.G.”) sent us this one: Illinois facing ‘outright disaster’ amid budget crisis
Items from The Economatrix:
40% of Florida Home Sales are Foreclosures
Fed Made Taxpayers Unwitting Junk-Bond Buyers
Denninger: The Clock is Running Out
Gold Miners and Explorers Face Serious Supply Problems
Pelosi: Unemployment Checks Fastest Way to Create Jobs
Market’s Swoon Prompts Fear of the Dreaded “Death Cross”
A Depressing Thought: Deflation
Pending Home Sales Plunge Record 30%
Layoffs Climb as Housing Slump Deepens
1.3 Million Unemployed Won’t Get Benefits Restored
Stock Futures Head Lower to Open Third Quarter
New Jobless Claims Rise in Sign of Weak Job Market
Global Markets on “Cliff Edge” Amid Fears Over European Banks
Ambrose Evans-Pritchard: Time to Shut Down the US Federal Reserve?
Suiting Up for a Post-Dollar World
US Money Supply Plunges at 1930s Pace and Housing Index Dives