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Friday, December 9, 2011

Monetary

News                                                                                                                             
WSJ | Inflation Rate Seen Outpacing Home Prices for Years
The ailing housing market is unlikely to return to health before 2016 and is weighing on the two-year-old U.S. recovery, which finally is showing signs of picking up steam.
CNN: Money | China's inflation rate: Lowest since September 2010
Inflation in China is losing some of its momentum, triggering a shift to worries focused more so on the country's slowing economic growth.

Blogs                                                                                                                             
AEI: The American | What happens if the euro collapses?
That is the question Citigroup tries to answer in a new note. The bank’s forecast is global depression and possibly war. But lawyers would do OK.
Minyanville | Could Currency Collapse Lead to Economic Collapse in the US
Currency collapses are very painful, but they don't necessarily spell doom for society. Yet the harsh truth is, the US is trending in a dangerous direction.