Reader Chris M. sent this from UPS: Global Supply Chains Not Ready for Challenging Times
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Jim G. sent us a link to a YouTube clip with some timely humor: Sponsor an Executive
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Eric sent this big batch of economic train wreck news and commentary: Where’d the bailout money from taxpayers go? Shhhh, it’s a secret — Bailed-Out Executives Got $1.6 Billion in 2007 — Housing crisis worsens as economy weakens — House-price stabilisation is not imminent — Banks brace for an ugly 2009 — Mortgage Re-Defaults Rising With No Sign of Slowing — Revising Loan Modifications — Will the Bubble Burst Aspen? — Downturn hits vacation enclave of New York elite — Life Without Bubbles — Another Reason Not to Trust So-Called Economic Experts — English bailiffs get power to use force on debtors — Fiscal Insanity Virus Rapidly Spreading the Globe Part 1 (Mish Shedlock). And Cheryl (aka The Economatrix) sent us all these: Dow Falls Fifth Straight Session On Grim Data Reports — US Home Prices Drop at Near-Depression Pace — US Property Developers Seek Government Aid — UK’s Brown Wants 27% Interest On Loans to the Poor — RBS Case Highlights Foreclosure Threat Even When Mortgages Have Been Paid — Global Jobless to Rise By 25 Million — New Zealand Recession Deepens — Champagne Sales Collapse — Ukraine Crisis Escalates Fears Over Gas Supplies — Why the US Trade Deficit is Worsening and Dollar Implications — The Great Stock and Commodities Deleveraging Crash of 2009 — Belgian Gov’t Collapses Over Fortis Bank Selloff — Growing Signs of Workers’ Unrest in China — Great Depression Plus Hyperinflation — [US Refiner, Distributor, and Truckstop Chain] Flying J Files for Bankruptcy — US Army Ready if Downturn Gets Out of Hand — Four Really, Really Bad Scenarios