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Economics and Investing:
I was interviewed again briefly by the folks at the Fox Business News "Happy
Hour" television show. The topic was, of all things, "buying
off grid rural property." Folks
are waking up!
From H.P.D.: 8,000
Earmarks.
Kevin A. spotted this: Freddie
Mac Lost $265 Million Per Day. "The main
skill required to run Freddie Mac seems to be the ability to light three one
thousand dollar bills on fire every second of every day. If these guys keep
it up, they may even be able to get a job at AIG one day."
The Other Chris sent this Rise in foreclosures 'a shock', February saw an
unexpected jump in foreclosure filings as the weak economy puts more pressure
on borrowers.
From GG: UBS
suggests gold has potential US$2,500 per ounce upside
Luddite Jean in England sent this charming news: House prices 'could drop
another 55%'
and leave Britain bankrupt
Items from The Economatrix:
The
International Financial Institutions are Overwhelmed
Fed Reports Record Fall in Household Net Worth
US
Mint Gold Eagle Gold Proof and Uncirculated Coins Temporarily Suspended (Again)
Half of Americans Just Two Paychecks Away from Hardship
Jim Rogers: Let AIG Go Bankrupt, Not America
Crime, Corruption, Collapse On Wall Street
Dow Chemical to Sell Assets, Cut 3,500 Jobs
India Can't Afford Junk Rating
G20 Deal at Risk as US-Europe Rift Grows
Dollar Defies Recipe For Currency Collapse
The 283 US Firms Most Likely to Fail
Debt And Taxes are Killing Landlords
LIBOR's Creep Shows Credit Markets at Risk of Seizure
