Economy News for Thurs 6 Jan 2011

[Cheryl Nelson]

Ron Paul Warns Of "Cataclysmic" Economic Crisis

http://www.newsmax.com/InsideCover/rand-paul-cavuto-deficit/2011/01/05/id/382004?s=al&promo_code=B69C-1

 

Stocks End Lower After Unemployment Claims Rise

http://finance.yahoo.com/news/Stocks-end-lower-after-apf-3153866553.html?x=0

 

Hiring Outlook Brightens As Layoffs Decline

http://finance.yahoo.com/news/Hiring-outlook-brightens-as-apf-2160278863.html?x=0

 

December Increase Seals Strong Holiday For Retail

http://finance.yahoo.com/news/December-increase-seals-apf-712155941.html?x=0

 

Inflation Flies Up, Up, And Away

http://www.telegraph.co.uk/finance/comment/jeremy-warner/8242213/Inflation-flies-up-up-and-away.html

 

EU Plans For Bondholder Haircuts Unsettles Debt Markets

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8242275/EU-plans-for-bondholder-haircuts-unsettles-debt-markets.html

 

Permanent Student Loan Debt Bondage Racket

http://rense.com/general92/rack.htm

 

In The Future You May Not Be Able To Provide The Basics For Your Family Even If Everyone In Your Family Has A Job

http://theeconomiccollapseblog.com/archives/in-the-future-you-may-not-be-able-to-provide-the-basics-for-your-family-even-if-everyone-in-your-family-has-a-job

 

[Cheryl Nelson]

This makes China Europe's creditor.  Scarey.