Analyst Says China's Credit Bubble Is Unlike Anything In Modern History. (Thanks to Andre D. for the link.)
Four current trends in the housing market: Rents holding steady nationwide, young home buyers, bidding war trends, and going after strategic defaulters.
Shock: Iceland Defies EU, Freezes Membership Bid
Items from The Economatrix:
Obama Rewards Wall Street Again, Thwarts Reform By Sacking Gensler
Financial Chaos, Disappearing Freedom & Hyperinflation
Bond Bubble Threatens Global Financial System