And Now, Here’s The First 11 State Pension Funds That Will Run Out Of Money. (Thanks to B.B. for the link.)
Reader Jonathan C. pointed us to this: Outraged Yet? What if Fed Buys Munis? (I suspect that the MOAB will end only at the point of national bankruptcy and collapse of the U.S. Dollar.)
Items from The Economatrix:
Stocks Flat as Wall Street Shrugs Off China Rate Move
East Coast Blizzard Chills End of US Holiday Shopping Season
Second Crisis Feared if Interest Rates Kept Low
US Changes How It Measures Long-Term Unemployment