Economy News for Fri 22 June 2012

[Cheryl Nelson]

Hyperinflation, Deflation, and Currency Wars

http://stevequayle.com/News.alert/12_Money/120622.hyperinflation.V.html

Moody's Downgrade Global Banks

http://www.businessinsider.com/downgrade-watch-five-us-banks-will-be-hit-in-moodys-cuts-2012-6

Italian PM Warns:  We Have A Week To Save The Eurozone

http://www.guardian.co.uk/business/2012/jun/22/mario-monti-week-save-eurozone

Social Security In America:  Writing Off The Elderly

http://globalresearch.ca/index.php?context=va&aid=31447

The USD Trap Is Closing:  Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap

http://www.zerohedge.com/news/usd-trap-closing-dollar-exclusion-zone-crosses-pacific-brazil-signs-china-currency-swap

Why Oil Prices Will Keep Falling

http://finance.yahoo.com/news/why-oil-prices-keep-falling-210352225.html;_ylt=ArzbFlF7mKyJTEvoDLo0fEaiuYdG;_ylu=X3oDMTQ4bWE3czEzBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwM3ODViOTJlYi1jOTEzLTM3ZWYtYmI1ZC02OTdiODg3ZWFmOGUEcG9zAzQEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgNjMGZkN2U5Yi1iY2IwLTExZTEtYmY1Yi1iY2UxMDI0Y2JjNGQ-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Euro Risks Have US Businesses Readying For The Worst

http://finance.yahoo.com/news/euro-risks-u-businesses-readying-192002586.html;_ylt=AtwDebylqF1QIM_vl4P512OiuYdG;_ylu=X3oDMTRwdjVtdHYwBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnA2QzMDI0MGRjLTY0ZjAtM2ExNS1hOGExLTczMTMwYjdjYTczYQRwb3MDNQRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyA2IyMmZlMjEwLWJjOWYtMTFlMS1iN2RmLWZkMjZkNWE4MWM1NQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

The Fed Is Out Of Ammo

http://finance.yahoo.com/blogs/daily-ticker/fed-speaks-doesn-t-much-ammo-says-bob-140039083.html;_ylt=AvEcGCnKMztXbxsbmXCYLvqiuYdG;_ylu=X3oDMTQ0dm9pYTliBG1pdANGUCBUaGUgRGFpbHkgVGlja2VyBHBrZwNmYzlkNWY0Mi1iYjNiLTNkYzYtOTNhNi05NjcxMzcxOGFmNDgEcG9zAzMEc2VjA01lZGlhU2VjdGlvbkxpc3QEdmVyAzdkNDNkNDkwLWJiYTktMTFlMS1iZWFmLTBlOTg5NDJkZWQzZA--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Wall Street Claws Back After Sharp Decline

http://finance.yahoo.com/news/stock-index-futures-rise-banks-092914232.html;_ylt=Ao_7QywtpMwKE4TO45dUOyeiuYdG;_ylu=X3oDMTQzcHUxc283BG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwNmODk4YmFlYi1jOWRlLTMwYTctYjEyYS0yOGRmMTQ3YWRhNjgEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDNTA1Y2IyNjAtYmNhYS0xMWUxLWIxOTMtN2QyNjczNzQ2NGE5;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Moody's Downgrades Gives Edge To Safe Haven Banks

http://finance.yahoo.com/news/moodys-cuts-ratings-15-banks-004301441.html;_ylt=AlOjAUC0bqsqwacqzBb.KXmiuYdG;_ylu=X3oDMTNyYjYzM2MxBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDZWI3YzVlNjktZmZkOC0zYWQyLTgzZjEtMjhiYzRiYmEyMGM2BHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2Y3NjFlM2QwLWJjYWMtMTFlMS1hY2VlLWE5OWI0M2E3MzQwMw--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Why Home Prices Are Better And Worse

http://finance.yahoo.com/news/why-home-prices-better-worse-205932627.html;_ylt=AjMYppDqML.40XzXwXfZzseiuYdG;_ylu=X3oDMTQ4OTRxdTlkBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwNhMzNmM2FhMC01MTM0LTM2MzgtOWI4OS0xOWIyNGE4OTk0YmMEcG9zAzEEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgM3NjRlMWVkYi1iY2IxLTExZTEtYmRkZi05OGJjZDlkNWIwOTc-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3