Updates on Economy

Financial collapse, economic meltdown, debt crash, national bankruptcy:
Kunstler: Dangerous Shift in Public Mood to Occur with Shocking Speed

Gerald Celente: I'm Expecting Food Riots to Break Out Across the U.S.

National Post: Canada: Military Readies Troops for "Domestic Threats"

Star Telegram: Texas Makes Emergency Plans for Collapse of Mexico

UK Daily Mail: Depression Era Tent Cities Swelling Outside Sacramento

Barton Biggs in Newsweek: "A generation of financial destruction . . ."

Washington Post: U.S. Economy Drowning Under a Flood of Job Losses

Washington Post: Borrowers Defaulting as Fast as Loans are Issued

AP: U.S. Retailers Report Continued Declines in Sales During February

Bloomberg: Depression Dynamic Takes Hold as Markets Revisit 1930s

Bloomberg: Commerical Loan Delinquincies Signal Even More Distress

Bloomberg: AIG Told U.S. Failure May Cripple Banks and Money Funds
NY Times: Government Throws Money at Black Hole of AIG Derivatives

Market Watch Video: "Dow could rally to 7,400 but then fall to 4,000"

Wall Street Journal: Dow Jones Could Fall All the Way Down to 5,000

Wall Street Journal: World Credit Markets on Verge of Seizing Up Again

Wall Street Journal: U.S. Leaders Ask Foreign Leaders for Financial Aid

Wall Street Journal: Bill Seeks $500 Billion in FDIC Emergency Funding

Wall Street Journal: Psychological Scars of Joblessness Long Reaching

Wall Street Journal: Institutional Investors Ramp Up Expsoure to Gold

Newsweek: Why Wealthy Investors are Hoarding 100 Oz Bars of Gold

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