Wednesday, June 9, 2010

No, We Are OK. Really We Are

Just some of the days headlines:

Risks to global economy have 'risen significantly', top IMF official warns
The risks to a robust global recovery have 'risen significantly' as many governments struggle with debt, a leading official from the International Monetary Fund has warned.
http://www.telegraph.co.uk/finance/economics/7812903/Risks-to-global-economy-have-risen-significantly-top-IMF-official-warns.html

U.S debt to rise to $19.6 trillion by 2015
June 8 (Reuters) - The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.
http://www.reuters.com/article/idUSN088462520100608

Bernanke Puzzled by Gold Rally
http://blogs.wsj.com/economics/2010/06/09/bernanke-puzzled-by-gold-rally/

Bernanke Warns of ‘Unsustainable’ Debt
http://www.nytimes.com/2010/06/10/business/economy/10fed.html

(YOU CAN'T MAKE THIS STUFF UP. GOOD GOD, READ THOSE LAST TWO HEADLINES!!!)


FBI: Mexican soldiers used rifles to chase off U.S. Border Patrol
http://www.foxnews.com/world/2010/06/09/mexico-tensions-heightened-border-patrol-agent-kills-mexican-teen-near-el-paso/

(AND WE WILL LET THEM GET AWAY WITH IT TO.)

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