Economy News for Wed 15 Jun 2011

Worsening Greek Debt Crisis Sinks Stocks, Euro
http://finance.yahoo.com/news/Worsening-Greek-debt-crisis-apf-3071087593.html?x=0

Late Credit Card Payments Hit Pre-Recession Levels
http://finance.yahoo.com/news/Late-credit-card-payments-hit-apf-2057986403.html?x=0

Inflation Slows In May As Gas Prices Fall
http://finance.yahoo.com/news/Inflation-slows-in-May-as-gas-apf-1348653535.html?x=0

Greek Riots, Political Chaos Hammer Markets
http://finance.yahoo.com/news/Greek-riots-political-chaos-apf-1851936530.html?x=0

Eric Sprott:  We're Headed Over A Cliff, Be Wary Of Paper Assets
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/10_Eric_Sprott_-_Were_Headed_Over_a_Cliff,_Be_Wary_of_Paper_Assets.html

Huge Drop In Silver Inventory Today
http://dont-tread-on.me/huge-drop-in-silver-inventory-today/

Standard Chartered:  "Three Factors Will Drive Gold To $5,000"
http://www.zerohedge.com/article/standard-chartered-three-factors-will-drive-gold-5000

What Are The Social Implications Of Economic Collapse
http://www.zerohedge.com/article/guest-post-what-are-social-implications-economic-collapse

Failure To Raise Debt Ceiling Could Result In Severe Market Disruption
http://finance.yahoo.com/news/Bernanke-urges-GOP-to-support-apf-1881245709.html?x=0&.v=2

US Housing Crisis Officially As Bad As Great Depression
http://www.cnbc.com/id/43395857

Roubini Says "Perfect Storm" May Threaten Global Economy
http://www.bloomberg.com/news/2011-06-11/china-economy-at-risk-of-hard-landing-after-2013-nouriel-roubini-says.html

Celente--Collapse:  It's Coming!  Are you Ready?
http://standeyo.com/NEWS/11_Economy/110614.Celente.collapse.html
"Conditions are rapidly deteriorating and it is imperative to remain on high alert. Another violent financial episode is looming. It may be triggered by economics (e.g., debt defaults and debt crisis contagion in Europe, a crashing US dollar, or commodity price spikes); it could be terror (false flag or real), a man-made disaster (another Fukushima) or one made by Mother Nature … or any combination of the above."  As he speaks, Ft. Calhoun Nuclear Power Plant in Nebraska is in trouble.

This Is How The Dollar Dies
http://www.dailywealth.com/1754/This-Is-How-the-Dollar-Dies

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