News headline from Wednesday: Markets Around The World Getting Smoked — Dow Falls Below 15,000
The mainstream investors catch on, belatedly: Gun collecting: Worthy investment or risky business? (Thanks to H.L. for the link.)
Collapse Isn’t Coming -We’ve Already Begun (an interview with David Quintieri that highlights the derivatives timebomb.)
Jim Kim of Fierce Finance asks: Is a credit bubble about to pop?
Promises by one or more third party governments must have been made! Rhode Island-Based Firm Announces Bid For Massive Amount Of Outstanding Greek Debt
U.K. gang steals $775,000 - on just ONE American Express Black card.
Items from The Economatrix:
Obama's Appeasement Of China And Japan Is Wrecking The Recovery
"False Recovery" vs. "Decline Of Failure": The Great Economic Debate
Is The Housing Recovery A Sham?