Economy News for Fri 11 Oct 2013

[Cheryl Nelson]

Derivatives And The Government Shutdown: Wall Street Bets One Thousand Trillion Dollars Of Everybody Else’s Money

http://www.globalresearch.ca/derivatives-and-the-government-shutdown-wall-street-bets-one-thousand-trillion-dollars-of-everybody-elses-money-derivatives-market-worth-over-16-times-gross-world-product/5353867

Gold Crushed! 2013 Losses Now Over 20%

http://finance.yahoo.com/blogs/breakout/gold-crushed-2013-losses-now-over-20-162819490.html

Retailers’ Warning To Congress: You’re Killing Christmas!

http://finance.yahoo.com/blogs/breakout/retailers-warn-congress-killing-christmas-171007818.html

Nothing Left To Financially Lose: Biggest Drop In Confidence Since Lehman Brothers And Why Some Are Unmoved By Government Shutdown.

http://www.mybudget360.com/nothing-left-to-financially-lose-government-shutdown-history-us-government-shutdown/

If We Are In An Economic Recovery, Why Are Major Corporations Firing Thousands?

http://www.zerohedge.com/news/2013-10-11/if-we-are-economic-recovery-why-are-major-corporations-firing-thousands

Unemployment Claims Surge, Partly Due To Shutdown

http://money.cnn.com/2013/10/10/news/economy/unemployment-benefits/index.html?iid=SF_E_River

Lew: Benefits at risk without rise in debt ceiling

http://money.cnn.com/2013/10/10/news/economy/debt-ceiling-lew-testimony/index.html?iid=SF_E_River