China Is `Scared' of U.S. Monetary Policy, Rogoff, Rickards Say: Policy makers in China, which holds $883.5 billion in U.S. Treasuries, are concerned the nation with the world’s biggest economy is debasing its currency Millions Bracing for Cutoff of Unemployment Checks: More than two million jobless Americans are entering the holiday season seized with varying levels of foreboding, worry or even panic over what lies ahead as they cope with the expected cutoff of their unemployment benefits. Fed wants to strip a key protection for homeowners: As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms. Want JP Morgan to crash? Buy silver: The campaign to buy silver and force JP Morgan into bankruptcy could work, because of the liabilities accrued by its short-selling.
Sunday, 5 December 2010
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