Bank of America says nearly half its mortgages are ‘bad’. (Thanks to G.G. for the link.)
Also from G.G.: Number of U.S. Expatriates Doubled in 2010. JWR Adds: I suspect that a lot of these were long-term ex-pats who had heard about the planned increases in the Federal income tax brackets. (Which thankfully were cancelled at the 11th hour.)
Tony B. recommended this essay by Seth Lipsky: The Floating Dollar as a Threat to Property Rights
Items from The Economatrix:
Unrest In The Middle East Continues / Silver Prices Exceed $36
Gold $1,500? The World Is Changing
Pocket Money (The Mogambo Guru)