Dan D. recommended this post and video clip from Mish Shedlock of Australian economist Steve Keen: Global Debt Bubble, Causes and Solutions
CRW sent a link to a great video on YouTube: Preparing American for Hyperinflation.
The voters demanded “Change”, and here is what they got: Obama Nominates Bernanke for Second Term as Fed Chief. I guess some things don’t change. Be ready for inflation, folks.
K.L. sent this Wall Street Journal article: As Budget Deficit Grows, So Do Doubts on Dollar
Items from The Economatrix:
Auto Industry Braces for Hangover After “Clunker” Party
Dr. Housing Bubble: Real Homes of Genius
Manufacturing Jobs Drop to Lowest Level Since 1941
A Sign of “Economic Recovery: Factory Output is Growing
China: Stocks Fall as Wen Says Economy Faces Uncertainties
China: Wen Says Economic Recovery Still Lacks a Solid Foundation
China Aggressively Reducing US Debt
Sarkozy Threat to Shun Banks on Pay Draws US Alarm
Recession Over, Dallas Fed Chief Says (Yeah, right.)