The facade that we call fractional reserve fiat grows closer to a catastrophic closure.
Bear Market Engulfs Dow Transports as Russell 2000 Plunges Most Since 2008
Declines in smaller companies and transportation stocks yesterday brought losses since their 2011 peaks to more than 20 percent, signs that investors anticipate another U.S. recession.
Bernanke Stirs Most Dissent Since 1992 on Time Period for Rates
Federal Reserve Chairman Ben S. Bernanke's plan to hold interest rates near zero through at least mid-2013 provoked the most opposition among voting policy makers in 18 years as central bank consensus frayed.
Side note: I've been rather busy with additional web projects, so I'm rather limited in free time to create graphics for the Creative Commons and blogging. Things should get back to norms by fall or I'll be adrift somewhere in the South Pacific looking for Gilligan's Island.