Updates on Economy

Today's financial collapse headlines:

UK Telegraph: China May Back Its Currency Not with Gold but Copper

UK Telegraph: IMF Issues Warning Over Parallels to Great Depression

Washington Post: Mall Owner's Crisis Signals Massive Wave of Crisis

Macleans: California the Bleeding Edge of the U.S. Economic Collapse

Sacramento Bee: California Wants Federal Government to Back IOUs

LATOC Forum : State Budget Emergency in California Going Nuclear

Los Angeles Times: Abandoned Suburbs Getting Taken Back by Nature

CNBC: U.S. Foreclosure Filings Soar 46% in March as Moratoriums End

Charles Hugh Smith: Why a 50% Drop in Home Prices isn't the Bottom

San Francisco Chronicle: Wave of Commercial Defaults is Now Building

NY Times: After the Bank Collapses, the Debt Collector Comes Calling

USA Today: Recession Forces Unraveling Ponzi Schemes Into Open

Fortune Magazine: Fuzzy Math by Wells Fargo and JP Morgan Chase

Alternet: Corporate Players Are the Real Pirates of the World's Seas

Money Week: Infusions of Hot Air Will not Revive the U.S. Economy

Macleans: Bill for Debt-Fuelled North American Lifestyle is Now Due

Macleans: Jobs Disappearing Today Won't be Coming Back Anytime

Macleans: With Nest Eggs Ruined, Feds Look at Pensions for Everyone

The Nation: Washington's Financial Elite Plan to Loot Social Security

Economist: Hard to Imagine a Worse Time to be Entering Job Market

Macleans: Workers 18-to-40 Find Their Caught in a Vortex of Failure

Bloomberg: Decade of Losses Force Workers in Thirtys to Start Over

Market Oracle: Interview with Blogger Being Sued by Goldman Sachs

NY Times: Goldman Sachs Suspected in More Conspiracies Than CIA

Wall Street Journal: Fear, Greed Drive Sales of Ammunition to Record

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