Why must I be a Canary in a Coalmine?
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Detroit seems to be the first major city to head down the municipal road to hell. As I have noted before I think Meredith Whitney is correct, but early, on her municipal bankruptcy econogeddon. Looks like it will start at … Continue reading

First, Then Money Has To Go – Only Then Can the Madness Come
Bill Quick

Mish’s Global Economic Trend Analysis: France Unemployment Highest Since 1997 In the easy to see coming category (thanks to the socialist policies of French president Francois Hollande) French unemployment level hits 15-year high. Here’s the thing, though: Anybody remember the … Continue reading