CMBS Loan Liquidations Hit Record $585M in December. (A hat tip to Flavio for the linkio.)
Jeff P. suggested this Business Insider piece by Michael Snyder: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover
And from Jeff B., news of further debasement of US coinage: Obama’s Proposed 2011 Budget Allows Coin Composition Changes. Do you have your stash of nickels yet?
Items from The Economatrix:
US Mortgage Sector Braced for End of Fed Help
Initial Jobless Claims Rise Unexpectedly; Stock Futures Down, Dollar Up
Portugal Warned Near Political Crisis Over Debt
EU Meets to Stifle Rising Panic
Next Bailout: Social Security
Derivatives Scam Slides into the Sunshine
Fears of "Lehman Style" Tsunami in Spain and Portugal
Markets In Turmoil as Euro Fears Spiral
Bernanke's Banksters' Skimming Operation Exposed
US Companies' Sales Turnaround May Be Misleading
5,000 Auto Workers to Lose Jobs In California.
