Economic Insanity Update
28 January 2011
As Consumer Confidence Surges In The US, It Plummets By Largest Amount In 19 Years In UK (Zero Hedge)
Moody's Says Time Shortens for U.S. Rating Outlook as S&P Downgrades Japan (Bloomberg)
Internet in Egypt offline (BGP Mon)
Portuguese, Spanish Bonds Back To All Time High Yields (Zero Hedge)
Europe Considering Extending Greek, Irish Bailout Loan Duration From 3 To 30 Years (Zero Hedge)
Has Joe Cassano Committed Perjury: AIG Took Subordinated Pieces Of CDOs It Insured (Zero Hedge)
Substantial Future Home Price Declines Predicted By Goldman Sachs And Peak Theories (Zero Hedge)
Guest Post: The Big Squeeze, Part 2: Abused Fundamentals And Fake Markets: How They Play Out (Zero Hedge)
Jim Grant: "The Fed Is Now In The Business Of Manipulating The Stock Market . . . Should Confess It Has Sinned Grievously" (Zero Hedge)
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