Tuesday, August 17, 2010


News Links, August 18, 2010

-- Global economic meltdown --
Global Deficits Will Create $4.5 Trillion in New Debt: Hedge Fund Manager
China Cuts Long-Term Treasuries By Most Ever as Yields Drop
China Confronts Export Dependence After Surpassing Japan
Japan-China trade hits record high in 1st half of 2010
China Boosts Yuan's Foreign Use Via Bond Market
The Purpose Behind Engineered Economic Collapse
Global Imbalances Keep Piling up; Japan Slides Towards Recession; Yen Strengthens; Japan's Bond Bubble
Japan's economic recovery hits major speed-bump in latest quarter
Japan PM To Outline New Economic Stimulus Next Month
Budget cuts are cracking the West's defenses

-- Fault lines/flashpoints --
Militants Overtake India as Top Threat, Says Pakistan's ISI
US says China's military has seen secret expansion
China Condemns US Report On Its Military
China and the US battle to assert presence in South China Sea
U.S. Iraq setback: Allawi pulls out of talks on coalition
Australia prime minister says Queen should be country's last monarch

-- Oil disaster --
BP Oil Spill Coverup (Daily Beast)

-- US --
22 cities in danger of a double-dip recession
8 Charts That Will Make You Short Equities, Buy Bonds and Gold
"When the Fed takes action to arrest the second dip, the price of gold will surely rise."
The Fed Declares War on America
"This week the Fed made it clear that additional quantitative easing is on the way and that savers of dollar-denominated investments won't be protected to any degree by Washington."
Excellent: Declining Global Oil Supplies Have Caused An Irreversible Decline Of The Fed
"The Federal Reserve is now in permanent, irreversible decline because it has no tools to fight both the limits placed on the economy by oil, and, current debt levels.
America's Most Stressful Cities
Wal-Mart feels the squeeze in US
Banking execs say gov't needs to back mortgages
Now The Government Is Subsidizing $1+ Million Condos In New York City
Fannie Mae and Freddie Mac reform: Would it add $5 trillion to US debt?
Here's How Far The U.S. Government Is Shipping Trash From Hawaii
Employment down at U.S. airlines, for 24th straight month of job losses
US Says Bankruptcies Reach Nearly 5-Year High

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