Updates on Economy

Today's financial collapse headlines:

Kunstler: More Unemployment Will Push the American Public to Unrest

Wall Street Journal: Life in America's Cities About to Get a Lot Rougher

The Atlantic: Veal Calve Investors Got Fattened Up & Led to Slaughter

NY Times: Personal Finance Author Defrauded by his Financial Adviser

NY Times: The Federal Reserve Should Force Savers to Start Spending

Washington Post: IMF Seeking "Radical" New Powers to Affect Markets

Global Research: G20 Leaders Give the IMF the Power to Issue Money

Deutsche Bank: Risk of U.S. Economy Contracting 10% in First Quarter

AP: Some Big Banks Will Need Even More Infusions of Taxpayer Money

Solari: Insiders Protecting Themselves by Controlling the Government

CNN: A Guide to Surviving a Worst-Case Scenario Financial Collapse

MSNBC: Homeowners See Giving Up on Mortgage as the Best Option

Washington Post: Downfall of General Growth a Blow to Retail Market

Sacramento Bee: State Gives Bonuses to Managers who Lost Money

Wall Street Journal: In California, Another Massive Deficit is Looming

Wall Street Journal: Unemployment Up in 46 States, California at 11%

San Francisco Chronicle: California Unemployment Highest Since 1941

Los Angeles Times: California Office Market Hammered by Recession

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

Macleans: Bill for Debt-Laden North American Lifestyle is Coming Due

Macleans: Workers 18-to-40 Years Old Caught in a "Vortex of Failure"

NY Times: In Worsening Job Market, Student Loans Prove to be Costly

NY Times: Business School Graduates Forced to Downscale Ambitions

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

NY Times: Debt Settlers Offer Plenty of Promises but Little Actual Help

NY Times: Never Mind Your 401k, Your Insurance Might Now be at Risk

Wall Street Journal: U.S. Treasury Data Paints Stark Picture of Lending

Wall Street Journal: Even Mongolian Goat Herders Defaulting on Loans

24/7 Wall Street: Twelve Major Brand Names That Will Soon Disappear