Economy News for Mon 16 Jan 2012

[Cheryl Nelson]

Home Seizures May Jump 25% This Year As US Foreclosures Resume
http://www.businessweek.com/news/2012-01-13/home-seizures-may-jump-25-this-year-as-u-s-foreclosures-resume.html#fadetoblack

Apocalypse How?  Dire 2012 Forecasts Pessimistic Prognosticators
http://www.bloomberg.com/money-gallery/2012-01-14/apocalypse-how-dire-2012-forecasts.html

S&P Cuts Credit Ratings Of 9 EU Countries

http://www.ynetnews.com/Ext/Comp/ArticleLayout/CdaArticlePrintPreview/1,2506,L-4175369,00.html

Downgrade Of Debt Ratings Underscores Europe's Woes

http://www.nytimes.com/2012/01/14/business/global/euro-zone-downgrades-expected.html?_r=1

24 Statistics To Show To Anyone Who Believes America Has A Bright Economic Future

http://theeconomiccollapseblog.com/archives/24-statistics-to-show-to-anyone-who-believes-that-america-has-a-bright-economic-future

Why Oil Prices Are About To Collapse

http://oilprice.com/Energy/Oil-Prices/Why-Oil-Prices-Are-About-to-Collapse.html

It's Earnings v. Europe For Stocks

http://finance.yahoo.com/news/wall-street-week-ahead-earnings-035331919.html;_ylt=AnCTNPuLh8gASLV6FVgPKvOiuYdG;_ylu=X3oDMTNycGRrYmFhBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDM2Q3NWQ0NjUtOGY1MC0zODY3LWI1ZGUtNmNhMWY5YzcwYjMxBHBvcwMzBHNlYwN0b3Bfc3RvcnkEdmVyAzU5YTE1ODQwLTNlYmUtMTFlMS05NzVkLTk2MTMyZTcxMDE4Yg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Europe Must Move Quickly After Downgrades--Merkel

http://finance.yahoo.com/news/europe-must-move-quickly-p-124820958.html;_ylt=AoT_vuDGewIFamuhspyhLw2iuYdG;_ylu=X3oDMTNyZnYwYzQ0BG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDY2M3ZTVkNDEtNWFlZC0zNDk1LWE3MTctZmU4Yzc5YTdjYTg4BHBvcwM0BHNlYwN0b3Bfc3RvcnkEdmVyAzBkNWU5YTMwLTNlYjItMTFlMS1iZWRhLTg1OWRjMWJjNWJjYg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

S&P Downgrades Eurozone's EFSF Bailout Fund
http://finance.yahoo.com/news/p-downgrades-euro-zones-efsf-212240287.html;_ylt=AqjtRJbYjW7smpLpTQ5PKCyiuYdG;_ylu=X3oDMTQ0bjAwMXZwBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZWM1NzgzYTItNmUzMi0zODRkLWI4MmQtYTA3YzhiZTE4MjM1BHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2NlNDkyZTAwLTQwOTYtMTFlMS04ZjI3LTE0YzZkZTBhNDA2MQ--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3