Eric found this one: Stressed banks borrow record amount from Fed. And coincidentally, reader Jeff S. sent us a link to a Fed chart that he calls “The Hockey Stick of Doom.”
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Eric also sent us this: Small farming is the future.
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Paul from Kentucky flagged this: Zimbabweans dug out coins squirreled away years ago. The government has lopped off 10 zeros, with the new currency! The article begins: “Zimbabweans dug out coins squirreled away years ago in jars and cupboards and headed for the shops, where lines built up as overburdened tellers more accustomed to counting mounds of hyper-inflated dollar notes instead were juggling silver.” Paul’s comment: “I guess this is what happens when paper money is worthless. Back to using silver. Does this ring a bell for what you have been warning us about could happen here, with the US dollar?”
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EMB found this interesting site–a company that makes secret doorways.
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Cheryl N. found us three interesting economic commentaries : The Con In Central Bankers’ Confidence, Credit Crunch Reaches Downward Spiral Critical Mass, and from The Mogambo Guru Inflationary Horror Movie — Inflation at 12.6% in June!