Stocks extended losses after the manufacturing fell below expectations in May and the private sector added only 38,000 jobs during the month.
"Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything," (Peter) Yastrow said. "We’re on the verge of a great, great depression. The [Federal Reserve] knows it.
"We have many, many homeowners that are totally underwater here and cannot get out from under. The technology frontier is limited right now. We definitely have an innovation slowdown and the economy’s gonna suffer."
Contaminated Water "Leaks" at Fukushima as Rain Deluges Plant - It has been raining very hard and continuously for the last couple of days at Fukushima Daiichi. I can imagine that there has been considerable migration ...
9 hours ago