This is the most important article of the year, I hope everyone reads it. The issues occurring here are what will shape all the markets for 2010.
We have known that games were being played in the bond market and I’ve speculated that there was more “Quantitative Easing” going on than was admitted. They have placed their fingers on identifying the shell/ Ponzi schemes that are being played. (ht Maize Pays)
Bank Failures by Year
1 hour ago