John R. sent a link to a map that shows the global race to the bottom: The global debt clock
Panel sounds foreclosure warning, industry downplays. (A hat tip to B.B. for the link.)
John R. spotted this post over at Karl Denninger’s site: The EU’s Lies Blow Up In Their Face.
B.B. sent: Poverty in America, The Big Picture
Euro under siege as now Portugal hits panic button
Matthew Lynn asks: Who’s next? First Greece went bust. Now Ireland is on the brink of a bailout from the European Union and the International Monetary Fund.
Items from The Economatrix:
New York State Manufacturing Plunges
Wal-Mart Investors Set Low Bar in US Stores
Stocks Sink On Asian Inflation, Euro Debt Fears