Economics and Investing:

Saturday, Feb 9, 2013

The Real Story Behind JPMorgan Chase & Co.’s (JPM) Infamous Whale-Sized Trade In Credit Derivatives

Kevin S. suggested this "must watch"interview of Jeff Berwick: Get Far Away From USA...Its Collapse Will Be Messy. In this interview, Berwick aptly says: "We are in the last days of this financial system in the United States. This is Zimbabwe." Berwick is starting a "Galt's Gulch" ex-pat community in Cafayate, Argentina. JWR's Comment: I believe that Chile would have been a better choice than Argentina, which has a socialist government and a currency with frequent bouts of inflation.

Mac Slavo of the excellent SHTFPlan blog reports: Unprecedented Demand: Americans Purchase a Gun Every 1.5 Seconds

Items from The Economatrix:

"Brace For A Stock Market Accident" GLG CIO Warns

16 Reasons Why David Rosenberg's Not Buying Employment Report

Why Unemployment Stretches Are Getting Shorter


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