“Literally, Your ATM Won’t Work"… ZeroHedge By Bill Bonner Of Bonner And Partners   While we were thinking about what was really going on with today’s strange new money system, a startling thought occurred to us. Our financial system could take… more »

By Adam Shell, USA TODAY NEW YORK – Behind the mainstream Wall Street happy talk about more stable financial markets and an improving economy are grim warnings of tough times ahead from a small cadre of doomsayers who warn that the worst of the… more »

P.s. We sincerely hope this guy’s smarter than he looks….probably just a bad camera angle… Sir Mervyn said the Bank had been driven by growing signs of a global economic disaster Photo: PAUL GROVER UK Telegraph By James Kirkup… more »

By Jia Lynn Yang, Neil Irwin and David S. Hilzenrath Washington Post Staff Writers Thursday, December 2, 2010; 12:15 AM   The financial crisis stretched even farther across the economy than many had realized, as new disclosures show the Federal… more »

Telegraph UK By Edmund Conway Mervyn King, Governor of the Bank of England, fears that America shares many of the same fiscal problems currently haunting Europe. He also believes that European Union must become a federalised fiscal union (in other… more »