Monday, January 23, 2012

Economics and Investing: - SurvivalBlog.com

Jim T. suggested a good piece by Thorsten Polleit: How Deflationary Forces Will Be Turned into Inflation

AmEx (American Expat) sent us this: Local currencies: 'In the U.S. we don't trust'

The FDIC Friday Follies have resumed: Banks closed in Georgia, Florida, Pennsylvania; first failures of 2012

A reader in Manitoba wrote ask me about possible trigger dates for a financial panic. I told her that a key date is March 15, 2012. That is the day that the Greek government must either cough up the cash, or admit default. Fitch seems to consider Greek default almost a certainty.

Items from The Economatrix:

World Bank Cuts Economic Outlook, Says Europe in Recession, Warns Developing Countries to "Prepare For The Worst"

Silver to Explode Upward

Wall Street Rises On Bank Results, But Google Sinks Late

12 Things To Keep In A Safe At Home, Not In A Bank

Oil Above $101 On Hopes IMF To Curb Europe Crisis

Source: http://www.survivalblog.com/2012/01/economics_and_investing_1060.html

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