- On the road to an epic fail – Hoe Bros. – especially refreshing in commentary on the US as the world’s biggest bully
- Repent at leisure – Economist – special report on world indebtedness
- RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve – Evans-Pritchard - IMHO the Fed will not be able to forestall deflation by “printing more money.” All the Fed has the power to do is to create more debt, and too much debt is the problem, not the solution.
Americans will have to answer the question, “Am I my brother’s keeper?” as the depression unfolds.
If we can take back our government, we can stop the sequence that the ruling elite seems to have in mind: inevitable deflationary depression –-> war to “get” oil (why can’t we just buy it like everyone else?) –-> corollary benefit of war: get an inflation or hyperinflation going to inflate out the debt and give the Wall Street banks another opportunity to make a hugely leveraged killing.