Must Read of the Week -50 things showing that doom is nigh

http://www.businessinsider.com/50-statistics-about-the-us-economy-that-are-almost-too-crazy-to-believe-2010-6

Total credit market debt in the United States, including government, corporate and personal debt, has reached 360 percent of GDP

Euro and SocGen

http://www.businessinsider.com/the-euro-just-took-a-second-big-leg-down-this-morning-as-everyone-freaks-out-about-hungary-and-socgen-2010-6
Big problems in Europe, could be ugly day followed by more disclosure soon from Hungry.

Possible War in Korea now likey?!?!

http://www.alertnet.org/thenews/newsdesk/LDE6521K8.htm
Holly cow.

Why the rating agency should be done away with.

http://www.huffingtonpost.com/2010/06/02/fcic-testimony-warren-buf_n_597355.html

Credit Rating Agency Exec: We Couldn't Say No To Wall Street

The only metric you should care about

http://www.businessinsider.com/ted-spread-on-the-verge-of-touching-40-as-bank-confidence-continues-to-deteriorate-2010-6
When trust is lost, the market will crash.