- How low can we fall this fall (Automatic Earth)
- “Contained depression” (Mish Shedlock)
- Solvent commercial property companies strategically defaulting (Naked Capitalism)
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Stacy Summary: I have included below a headline I covered yesterday about IMF stating that worst may lie ahead. @Russ objected to my headline of Strauss-Kahn’s statement. But, as you can see below, the Guardian interpreted his statement in exactly the same way that I did. What are your thoughts?
Stacy: Telegraph seems to be treating the story as if crop circles are not man-made? Maybe the crop circle phoenix is the real green shoots that is the absolute end of our current oligarchic system and perhaps something better lies ahead?
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Posted in Headlines
Tagged china, crop circle, imf, japan, recession, us treasury bonds
Stacy Summary: I’m sure most are suffering from Goldman outrage fatigue, but here is some more preposterous news regarding the Firm. And, finally, while job losses are mounting, those in jobs are seeing their wages rise for the most part. Does anyone have stories to tell of either job losses or pay rises in their own circle of friends or family? Comment below.
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Posted in Headlines
Tagged canada wages, goldman sachs, ny fed, recession, stress tests
Posted in Headlines
Tagged bankers, calpers, comex, costa rica, deutsche, ecb, ecb gold sale, french revolution, gordon brown, hyperinflation, job losses, malaysia, max keiser, new world order, passive investors, pension funds, phillipines, populist rage, printing money, quantitative easing, recession, royal bank of scotland, sir fred goodwin, tax havens, uruguay, weimar