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Odds 'n Sods:
Storm
Cuts Power to More Than One Million Homes in New England. But of course
SurvivalBlog readers were well-prepared. One key quote from the article: "It's
kind of lawless out there right now. There's a lot of people very frustrated,
stacking up at the gas stations. It's pretty ugly."
o o o
Sans culottes! Wall
Street sage Jim Rogers declares that most of the big banks in the US are
"totally bankrupt." The comment was made in the Reuters Investment
Outlook 2009 teleconference: "Without giving specific names, most
of the significant American banks, the larger banks, are bankrupt, totally
bankrupt, " Rogers said.
o o o
More economic news, courtesy of Manky: Fed
Mulls Issuing Own Debt -- Our
asset-dependent economy (Tom Iacono) -- Why
home values may take decades to recover, Some see 2006 as 'lifetime' peak
in prices -- World
markets plunge on US auto bailout failure -- Humpty
Dumpty On Inflation (Mish
Shedlock) -- ‘Pay option’ mortgages could swell foreclosures
o o o
Thanks
to
Brian
H.
for sending this: Russians
Buy Jewelry, Hoard Dollars as
Ruble Plunges
