Tuesday, August 09, 2011

The Current Economic Situation

Just some news links for you.

Dow soars 400 points in wild session

S&P's Chambers: 1-in-3 Chance of Further US Downgrade

Worst not over for banks. But it's not 2008


Kerry calls lower credit rating a ‘Tea Party downgrade’


S&P Executive Cites Obama's Characterization of U.S. Political System as 'Dysfunctional’

And it's also worth noting that England is plagued by mass riots, apparently. I hope it will not soon follow here at home....

Keep your eyes peeled and (as a friend of mine always says) your powder dry, friends. This isn't over.

Spencer

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