Pierre M. sent: Egypt Crisis Puts Spotlight on Weakness in US: El-Erian
A few industries are bucking the trend and doing well in the recession. The newspaper article from Montana highlights one: Bitterroot Valley ammunition makers see ever-growing demand. Don’t miss the comments on buyers’ concerns about “the world falling apart”, near the end of the article. (A hat tip to Mara for the link.)
More mainstream media feel-good journalism: Everything You Ever Wanted To Know About The World’s Battle With Inflation But Were Afraid To Ask. From their standpoint, inflation is a good thing. As if we’re supposed to feel good about being robbed, gradually… Memo to Mainstream Media: Please don’t sprinkle me with water from a toilet bowl and try to tell me that its raining.
Items from The Economatrix:
Global Credit Contagion on the Verge Again
Gerald Celente: Official Unemployment Rate is an “Official” Lie
10 Reasons Why it Has Become So Soul-Crushingly Difficult to Find a Job in America Today