Reader John T. sent a link to some ominous commentary by Bob Moriarty about derivatives: The Ticking Time Bomb
Horror for US Economy as Data Falls off Cliff
G.P. suggested this by Bob Chapman: The Euro-Debt Crisis: Greece, Portugal, Spain. The Debts are Unpayable. Once the Lending Stops the Bottom Falls Out.
Casey in Arizona mentioned a recent piece by Michael Panzner, over at his excellent Financial Armageddon blog: Easy Way Out.
Mac Slavo: ?America Will Be Dismembered By Its Creditors?
77,000 federal workers paid more than governors. (Thanks to Pierre M. for the link.)
G.G. sent this by Puru Saxena: Endless Quantitative Easing
Source: http://www.survivalblog.com/2011/06/economics_and_investing_827.html
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