Here is your Crux PM update:
Shocking report shows USDA provides schools with questionable meats
"The USDA has supplied schools with thousands of tons of meat that might otherwise go to compost or pet food."
This could be the pin that pops the China bubble
Chinese gov't moves to rein in excessive credit...
Top economists: Bernanke is dead wrong
Federal Reserve and its easy credit caused the crisis.
The second round of crisis is building
Must-see chart is showing ominous signals again...
IS THE CDS MARKET SENDING A WARNING SHOT AGAIN?
As the problem of debt refuses to go away and in fact, quietly spreads, we’ve seen another slow development over the course of the last few weeks – problems in Greece appear to be worse than originally expected and credit default swaps are sending warning messages again. The term structure in Greek 
As the problems in the banking sector unfolded in late Summer 2008 the sovereign debt of the big three developed nations began to skyrocket before reaching a crescendo in early 2009. What’s alarming with the situation in Greece is the similarities in CDS price action. The recent uptick could be serving as a warning flag of things to come in 201o and 2011 when the problem of debt has potential to rear its ugly head again. Barclays might not have been too far offwhen they said the probability of a crisis would grow in 2010.
Why you should buy gold and sell China, banks, and the euro
4 great trading ideas.
Euro crisis update: Greece continues to deteriorate
Greek bonds tumble on more bad news.
Regards,
Brian Hunt
Editor in Chief, The Daily Crux
www.thedailycrux.com
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