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Odds 'n Sods:

Signs of the (Los Angeles) Times: Adult children moving back home with parents. (A hat tip to Erik for the link.)

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Jim H. sent us a link to an interesting Business Spectator (of Australia) article about CDS-based CDO paper (so-called "synthetic CDOs"): A tsunami of hope or terror?

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The latest economic news and commentary from Cheryl: Stocks Plunge Anew, Led by Financials; Dow Down 873 in Two Days -- Stocks Plunge To 5-Year Lows As Hopes Fade For Auto Bailout -- Fears Over US Economy Weaken World Markets -- Panicked Investors Send Gold Demand Up 56% -- Markets Wary of Irish Debt as Fresh Rescue Looms -- Six Japanese Banks Announce Heavy Profit Fall -- CitiGroup's Downward Spiral Continues, Shares Fall 12% -- Fed Says Economy to Get Worse -- China Plans to Buy GM and Chrysler -- Worldwide Rout Hits Asian Markets -- World Freight Prices Collapse Amid Financial Crisis -- Phase IV of The Global System Crisis: Breakdown of the Global Money System by Summer 2009 -- CitiGroup Liquidates Hedge Fund that Fell 53% in One Month -- Farmers in US Face Up to Credit Squeeze -- When Inflation Comes A-Knockin' (The Mogambo Guru) -- Bush Hands Over Reigns of US Economy to EU

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Frequent contributor (and fellow novelist) Michael Z. Williamson sent us this link that proves that there is a sucker born every minute: MetalMint.com. Mike's comment: "[People are paying] $11 per pound for $1.63 worth of copper. And the concept of 'Fine brass' bullion is just amusing." JWR Adds: Perhaps the buyers are the same people that buy those absurdly overpriced"commemorative" coins.

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