Breaking News: Friday April 3rd, 2009
Today's financial collapse headlines:
Wall Street Journal: Unemployed May Turn to Violent Forms of Protest
Newsmax: Why Washington Expects to Use Troops against Americans
Economist: Around World, a Wave of Populist Rage Directed at Banks
Economist: California Considered by Many to Now be "Ungovernable"
Fortune: At Least 2,000,000 Jobs Have Already Been Lost this Year
Bloomberg: Unemployment Surges, Another 650,000 Jobs Evaporate
Bloomberg: Global Confidence Falling Rapidly as Economies Crumble
Reuters: 45% of the World's Wealth Destroyed by Global Credit Crisis
Washington Post: Imports Pile Up at Ports as Car Demand Collapses
Washington Post: Home Loan Defaults High Despite Modifications
Wall Street Journal: Wave of Credit Card Deaults the Next Meltdown
CNBC: Consumer Credit Deliquincies at Highest Level Ever Recorded
Reuters: Moody's Warns of Worst Corporate Default Rate Since WWII
Fortune Magazine: Banks Taking Huge Losses on Credit Card Defaults
Fortune Magazine: US Government Planning for Massive Bank Failure
LATOC Forum: Social Security Will be Completely Vaporized Next Year
NY Times: "It feels like everything is imploding at the same time . . . "
Fortune: Falling Prices and Frozen Credit Could Crash Oil Production
Economist: Demand for Gold Grows on Fears of Weimar Hyperinflation