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Economy - Economics USA

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finance.yahoo.com

"Home prices are starting to sag again under the crushing weight of foreclosed properties," said Sal Guatieri, senior economist and vice president at BMO Capital Markets, an economic research group. "A sharp drop in prices would undermine household..

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Businessinsider.com/

The key fact to remember is that we are in an economic recovery that will remain restrained by the after-effects of a major credit crisis and the need to deleverage the enormous household debt built up during the boom.

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GlobalEconomicAnalysis.blogspot.com

First, the raw not seasonally adjusted data show a $700 million decline. Once again, it was federally-supported credit (ie. student-backed loans) that accounted for all the increase last month ― a record $31.8 billion expansion.

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www.drscoundrels.com

The welfare state nanny babies are at it again. Thank God this time, it’s in Europe again. But if you don’t take it as a warning to what we’re facing with the womb to the tomb mentality out there, we’ll see this right soon enough. Why? Because

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Eric Fry, Buisnessinsider.com

There’s a lot of rumor, buzz, innuendo, chitchat and scuttlebutt about the precious metals markets these days. Most of the chitchat is about J.P. Morgan and silver. Rumor has it that J.P. Morgan has amassed a whopping short position in silver.

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