Roubini says Euro's days may be numbered. (Thanks to GG for the link.)
Chad S. spotted this: Canada considers eliminating the penny.
Kevin sent us this: States Bristle as Investors Make Wagers on Defaults
Also from Kevin: In ‘Chair City,’ Budget Cuts are ‘Amputating’ Municipal Services
Items from The Economatrix:
Meat Prices May Spike this Summer (Stock up your chest freezer now, and lay in a supply of canned meat! Since grain prices are remaining high, meat will probably be very expensive for the next few years. It is a good thing that we mainly eat elk and venison, here at the Rawles Ranch!)
Unemployment Challenges Obama's Narrative
Greece Cut to Junk at S&P as Contagion Spreads
Harrisburg, Pennsylvania Considering Bankruptcy
Spain Downgraded, Europe Debt Crisis Widens JWR Notes: Iceland, Greece, Portugal, and now Italy and Spain. Who is next?
