Economic Insanity Update
24 February 2011
Eric Sprott: "There Is No More Silver Left" (Zero Hedge)
Initial Claims Drop 22K To 391K, On Expectations Of 405K, Durable Goods Collapse (Zero Hedge)
New Home Sales Plummet 13% To 284,000 Annualized Rate, 19K Actual Homes Sold Lowest Monthly Ever (Zero Hedge)
S&P To Withdraw All US Rating On May 24, Convert Everything To "Unsolicited" (Zero Hedge)
Liquidations Coming: Hedge Fund Margin Debt Surges - Total Free Cash Lowest Since July 2007, Just Prior To Quant Wipe Out (Zero Hedge)
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