Saturday, June 05, 2010
News Links, June 6, 2010
CollapseNet to launch on Tuesday, June 8
-- Global economic meltdown --
"As governments across Europe curb spending and cut subsidies in response to the Greek crisis, the props to green energy are being cut back."
"The private sector added a measly 41,000 net new jobs in May. But at least 100,000 new jobs are needed every month just to keep up with population growth."
FDIC massive problems ahead with smaller bank failures. 105 banks hold 77 percent of all banking assets.