Just as I predicted a more than a year ago, and again more explicitly in October of 2007, the hedge fund failure rate is about ready to turn into an avalanche, in agonizing quarterly installments: Hedge funds ready to blow as positions liquidated. (A hat tip to Mike McD. for for finding that link.)
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For all of you that have been waiting, after many months of shortages, Mountain House has finally resumed selling their freeze dried foods in #10 (one gallon) vacuum-packed cans on the civilian market. My advice: Get them while you can. When the next disaster comes along, the thin available supply will be quickly exhausted, and Mountain House will probably shut off the tap. (Just like this last time, so they can divert production to the more profitable small serving mylar-foil packs, and for government orders.) The larger #10 cans have a 25+ year shelf life are now available from Ready Made Resources and from Safecastle. (Both are very reputable dealers that have continuously been SurvivalBlog advertisers since our early days.)
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A helpful reader alerted me to a useful article over at the Section Hiker blog: The Limitations of Water Filters and Water Purification. There are plenty of other useful articles there, including Seam Sealing a Tent or Tarp and Sleep System Tactics for Staying Warm.
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The latest flurry of economic news and commentary, courtesy of Cheryl N., our Economic Editor: UK Reporting Huge Rise in Food Costs, Take a Load Off Fannie: Bailout or Nationalization for the Mortgage Giants?, Next Hot Zone: Home Equity Delinquencies, Merrill Shares Rated “Sell” By Goldman Sachs, Gold Demand Soars. Prices Fall. What’s Going Wrong?, World Markets Reel on Recession Fears, Russian Central Bank Pays $4bn to Prop Up Ruble, and Main Bank of China In Need of Capital.
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Hurricane Ike blasts Turks and Caicos as Category 4 storm