TIC Data Confirms: Foreign Appetite Gone - The Market Ticker

TIC Data Confirms: Foreign Appetite Gone - The Market Ticker
With the forigen buyers gone, it is down the banks who are received cheap money (.25%) to buy the treasuries which are paying 4%. When the merry go round stops we are all screwed.

Shadowstats' John Williams: Prepare For The Hyperinflationary Great Depression | zero hedge

Shadowstats' John Williams: Prepare For The Hyperinflationary Great Depression | zero hedge
The ugly forecast. Time is short to aviod this.
Robert

“Wake Up, Gentlemen” « The Baseline Scenario

“Wake Up, Gentlemen” « The Baseline Scenario
Finally! Someone let volker talk!

Guest Post: Larry Summers Is Like a Guy Who Yells That the Sun Really DOES Revolve Around the Earth and that the Current Orbit is Just a Temporary Aberration . . . and That If We Just Wait a Little While, “Everything Will Return to Normal” « naked capitalism

Guest Post: Larry Summers Is Like a Guy Who Yells That the Sun Really DOES Revolve Around the Earth and that the Current Orbit is Just a Temporary Aberration . . . and That If We Just Wait a Little While, “Everything Will Return to Normal” « naked capitalism
Larry summers should have never been hired in the first place and should be fired now.

Greece defies Europe as EMU crisis turns deadly serious - Telegraph

Greece defies Europe as EMU crisis turns deadly serious - Telegraph
tick tick tick.....

Goldman Sachs: The Little Hoovers Are Multiplying, State Budgets Set To Be Major Economic Drag

Goldman Sachs: The Little Hoovers Are Multiplying, State Budgets Set To Be Major Economic Drag
In short the state are begin to breakdown. With the weight of pension, medicare ever rising cost and ever decrasing tax revenue. They need to take a hard look now before we start to see local, city and state bankruptcys.

Calculated Risk: FDIC Bank Failure Update

Calculated Risk: FDIC Bank Failure Update
I too take the over. 2010 is looking very much like 1931.