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Odds 'n Sods:
Our friends Cheryl N. and Commander
Zero both sent a link to an interesting article encapsulating
the hows and whys (or at least one interpretation of them) of the current
economic situation: Uncomfortable
Answers to Questions on the Economy.
o o o
Cheryl N. also found this: US
Food Groups Plan Hefty
Price Raises
o o o
Bloomberg reports: GM,
Ford 'On the Verge of Bankruptcy,' Altman Says. (A hat tip to Dan B. for the link.)
o o o
Frequent content contributor Kevin A. sent this: "Is America ready for
(true) foreign ownership of major financial institutions? And do we have a
choice?" asks
Nouriel Roubini, economics professor at
NYU's Stern School. 'They're
All Toast'
o o o
The Daily Reckoning reports
that with its currency hyperinflation rate at a nearly incalculable level,
the Zimbabwean government has introduced a Z$100 Billion bank note.
As my friend "Kevin Lendel" would
say: Twice
nothing is still nothing.
