Fortune magazines asks: Is this finally the economic collapse? (Thanks to Jeff L. for the link.)
G.G. suggested this article over at Forbes: Collapse In Internet Time.
Also from G.G.: America Is ‘Bankrupt Mickey Mouse Economy’: CIO
B.B. was the first of several readers to send an article by Laurence Kotlikoff: Is Bankrupt and We Don’t Even Know It?
Items from The Economatrix:
Major Leading Indicator in Free Fall
Stocks Retreat as Fed Grows More Cautious
Trade Deficit Widens to $49.9 Billion in June
US Dollar Falls to 15-Year Low Against the Yen
China’s Industrial Growth Slows, Inflation Jumps
Bank of England Warns of Rocky Recovery
Oil Falls Below $80 Amid Growth Slowdown Fears
Recession Causing a Banking Awakening in Tough-Hit Midwest
Many Shun Bank Accounts But Pay More for Financial Services
Gold Drops as Stronger Dollar Erodes Demand for an Alternative Investment