Roddy sent this from the Guatemala Times: The Great Depression Analogy
R.S. forwarded this from The Financial Times: If China loses faith the dollar will collapse
A recent column by Libertarian commentator Vin Suprynowicz: Light at the end of the tunnel: They only need another $20 trillion
DS liked this piece by Karl Denninger, over at Seeking Alpha: Independent Analyst Numbers Far Uglier than Official Stress Test Rumors. JWR's comment If we take into account that most US residential real estate will likely fall another 30%, and most commercial property by another 50%, then the "official" stress test results will be downright laughable. All those "underlying assets" are little more than sinking sand.
Dave L.sent us this piece at Bloomberg: Bank of America, Citigroup, GMAC Need More Capital (Billions more in the MOAB!)
