Updates on Economy

ChartingStocks.com: "Neither Citi or Bank of America will make it to May, both will be nationalized, possibly within days"

CNN Money: Government Regulators Gearing up for Wave of Bank Failures, Including Some "Big Names"

Smirking Chimp: "If the public had known about the trillion dollar bank run that took place on Sept 18th, every bank in the world would have failed"

Financial Sense: "Feeling the government has no idea how to proceed has created a sense of palpable panic"

Sunday Herald: Warning for the West as Civil Unrest Explodes in Baltics

Money Week: Europe Looks Nervously at Ticking Timebomb in the Baltics

Money Week: Britain Heading for a Disastorous Second Great Depression

Economist: Financial Crisis Bringing Industrial Production to a Standstill

Economist: American Automobile Industry Has Been Shattered to Pieces

NY Times: Its Muscle Glory Long Gone, Pontiac a Shadow of Its Former Self

Washington Post: In Steep and Swift Fall, Dow Jones Lands at 6-Year Low

NY Times: U.S. Government Throws a Trillion at Locked Up Lending Markets

Charles Hugh Smith: As the Economy Unravels, the Middle Class Crumbles

The New Yorker: Fraudulent Schemes Detonating as Economy Collapses

Front Page of USA Today: In California's Meltdown, Misery Has Long Reach

Wall Street Journal: State Budget Cuts Will Eviscerate the Middle Class

Washington Post: Financial Crisis Devastating Formerly Wealthy Enclaves

NY Times: Former Middle Class Swell Lines at Food Banks Through the U.S.

Alternet: For Most Young Americans, Social Mobility Is Dead and Gone

USA Today: Across the Country, Costs for Individual Health Plans Soar

AP: Japan Turns to "Work-Sharing" to Avoid American Style Layoffs

Washington Post: Steep Drop in Energy Prices Puts New Projects on Hold

Forex TV: Gold Moves to Over $1,000/Ounce and Could Move Much Higher
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