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Odds 'n Sods:
Perennial content contributor Cheryl N. found this "must read" MSNBC piece: Credit
Crisis Prompts Unprecedented Response. It squares nicely with what I
have been writing since the Spring of 2007: The global credit collapse is
unprecedented, and will be both deep and prolonged. We are nowhere
near the bottom yet!
o o o
From The Guardian: Greenspan
warns more banks may be bailed out. (A hat tip, again, to Cheryl N. for
the link.)
o o o
John R. recommended a brief speculative piece on state secession, penned by
fellow SurvivalBlog reader Bill Buppert, recently posted over at LewRockell.com: 'Good
Morning, Mr. President.'
o o o
I mentioned this slide show linked at The Drudge Report once before:
The
World's Most Worthless Money. OBTW, their data on Zimbabwe has now been
thoroughly overcome by events.On August 1st, Comrade Mugabe's henchmen lopped
10 zeros off their new national notes. So one of those pre-August
Z$100,000,000 notes is now worth only
one
1/10th
of a cent. And buying a house that would cost $50,000 if denominated in US
Dollars would cost $450,095 in the new Zimbabwean dollars. (Or, Z$4,500,950,000,000,000
in the old currency.) Four and a half quintillion dollars! As
Buckaroo Banzai would say "That's a lot of zeros!"
