Business Insider

[mellowtigger]

I don't know, is Business Insider generally reliable for meaningful information? I ask, because today's headlines there are more exciting than my own usual sky-is-falling routine. I found only 1 story that was sort of upbeat. Here are the other notables:

SocGen Tells Clients: Here's How To Bet On Total Global Collapse : The dollar will tank, the US is headed for a lost decade, junk bonds will be crushed, and emerging markets will not be spared.
SocGen Analyst: Our Governments Are Insolvent, Gold To $6,300! (GLD)
The Housing Double Dip Has Arrived
The Most Important Housing Chart Shows Things Are Still Getting Worse
AOL Asks 2,500 Employees To Quit (TWX) : Voluntary layoffs start December 4th. Then comes the firing...
California Has No Idea How Bad Soaring Oil Is Going To Hurt
California: Another Budget Crisis As Soon As This Spring
Bob Toll: FHA Lending Is A "Train Wreck"

But the most interesting read, even though it's 2 days old and not very detailed, is:
Michael Panzner: Commercial Real Estate Is A "Tsunami Unfolding"

Panzer thinks we may see hyper inflation as the share of U.S. outlays relative to the deficit are about 40%. "It may not be such a good idea -- even though the Krugmans of the world think it is -- to spend unlimited amounts of money without thinking through the potential consequences."

Wow. I thought I was being a negative nancy.

Comments

I found this funny

[dodecadragon.livejournal.com]

"(btw, where does being down 55% one year and then up 58% the next leave you? Down about 30%)."