- No Funds Left: The Rising Cost of Being an NFL Fan: If you're planning to take your family to a game this season, ... http://bit.ly/cSPM4O #
- Are You Sure You’re Getting A Good Deal? Mint’s Personal Finance Roundup: In our quest to make the most out of our... http://bit.ly/acNKaJ #
- Four FICO Score Myths, Busted: FICO’s entry into the mortgage market meant more press, more attention, more critic... http://bit.ly/9UNZQJ #
- Why Retail Therapy Feels So Darned Good: For a nation whose economy rests on consumption, retail therapy—the notio... http://bit.ly/cvRIcF #
- Big Dreams, Slim Odds: The Lottery Economy: Who doesn’t dream of winning the lottery one day? Even people who don’... http://bit.ly/bDkXyA #
- Dining on a Dime: Half-Off Meals and Other Deals: Cooking at home is the best way to save cash, but it’s nice to g... http://bit.ly/aJ1ACk #
- Explainer: Why the Fed's Hands are Tied When it Comes to Deflation http://tinyurl.com/37vmr39 #
- Is America Hated in the Middle East? http://tinyurl.com/2axu4wo #
- Global Financial Crisis http://tinyurl.com/5kxhvq #
- Mint Slideshow: Places To Hide Cash: It used to be a habit we associated with our grandparents, but after the bank... http://bit.ly/9W6rPw #
- When Are Credit Card Rewards Worth It?: One of the main reasons many people use credit cards is getting freebies. ... http://bit.ly/aFWhAo #
- Realty Check: The Experts Failed To See The Housing Crisis Coming http://tinyurl.com/3673bua #
- The Federal Reserve: What Have You Done For Me Lately? http://tinyurl.com/2g4lfvd #
- "Government is pressing on the accelerator of a car that has already gone over the edge of a cliff." – August... http://fb.me/I8riz1Zr #
- "In a depression, buyers just go away." Robert Prechter, Conquer the Crash Error #
- Should I Save Pennies Or Give Them Away? Mint Answers: When you’re cash-strapped, you often find yourself wonderin... http://bit.ly/9TFHlm #
- Army intelligence pays for what it can get for free... http://tinyurl.com/34m45xx #
- Young also wrote, "We are unaware of the availability of these services through open source centers."
However,... http://fb.me/DtFraS1j #
- Record levels of hardship withdrawals... http://tinyurl.com/35mxfn2 #
- The trillion dollar bailout you didn’t hear about... http://tinyurl.com/25zz9tl #
- Monthly [U.S. home sales] drop the biggest in 42 years... http://tinyurl.com/2a4fxsb #
- "If you try to walk, I'll tax your feet." http://tinyurl.com/27t7hcx #
- "... economic growth will continue to be much more robust in the developing world." http://tinyurl.com/29dsaqx #
- Homebuyer Tax Credit Created A Huge Distortion http://tinyurl.com/2vdhzvm #
- Pre-Crime Technology To Be Used In Washington D.C. http://tinyurl.com/26nc6yk #
- Software Predicts Criminal Behavior http://tinyurl.com/24ugoqw #
- The Data Beast, Part I: Disappearing Data; Disappearing Dollars http://tinyurl.com/bmjyzb #
- "Economic fear is the handmaiden of intolerance." http://tinyurl.com/2g4mzw8 #
- Rotten Eggs... Rotten Corporations... Rotten People http://tinyurl.com/39wyoyx #
- Wanted: Those with top secret clearances http://tinyurl.com/34ugham #
- "There is nothing essentially "American" about that formulation; in fact, it could very easily be transposed into... http://fb.me/yo9AlOfE #
- What distinguishes the American ideal from any variety of nationalist collectivism is http://tinyurl.com/2br37e6 #
- Credit-Card Rates On The Rise? Not At These Banks: Rate hikes have been in the news frequently in the past year, n... http://bit.ly/9AE28A #
- Don’t Get Penalized For Shopping Abroad: How to Avoid International Service Fees: A lot of things can trigger the ... http://bit.ly/9IWiHC #
- Short Selling: Sexy or Dangerous?: (photo: iStockphoto) One of the unrecognized dangers in the market is found in ... http://bit.ly/a0BJiS #
- Graduating From IOU: Student Loans in America: It's no secret that, with skyrocketing tuition rates, many college ... http://bit.ly/aZFEqv #
- Guess Who’s Looking at Your Credit Report?: It’s commonly known and generally accepted that banks, credit card iss... http://bit.ly/9kYhvd #
- The Lazy Portfolio: Asset Allocation Made Easy: Smart investors use a simple approach to personal investing that d... http://bit.ly/c1HguK #
- "This is a human disaster. It’s also a frightening opening for the Taliban." http://fb.me/HXKg2Vgp #
- "We have been getting threats telling me if I know what's good for me, I would get out [of] the country." http://fb.me/yvgRDlTj #
- "Because there’s not enough demand for their products or services. Consumers aren’t buying. Retail sales continue... http://fb.me/E103fWm0 #
- Economic growth is slowing in the United States. It’s also slowing in Japa n... http://tinyurl.com/25qbw3n #
- "It’s official. China is now #2 " http://tinyurl.com/336oghy #
- Mint Slideshow: Failed Currencies: No matter how pessimistic you feel about the economy -- and news of a new surge... http://bit.ly/dwsWvE #
- "The dead - as many as 15,000 in France alone, 30,000 in Europe at large - succumbed to something far more... http://fb.me/Ha6w5Xxr #
- Did Sierra Nevada (no, not the beer makers) receive special favors for campaign contributions to lawmakers? http://tinyurl.com/32suwat #
- $10 billion for schools to wait and rehire teachers... http://tinyurl.com/3xw4sr8 #
- Claims for U.S. jobless benefits jumped to the highest level since November... http://tinyurl.com/33cl5o2 #
- "Manufacturing in the Philadelphia region unexpectedly shrank in August for the first time in a year..." http://tinyurl.com/2etl36r #
- Why I'm Not Hiring http://tinyurl.com/2gybxee #
- "When you add it all up, it costs $74,000 to put $44,000 in Sally's pocket and to give her $12,000 in benefits." http://fb.me/EQDjQFbF #
- "Get ready for Organized Labor's biggest congressional handout yet..." http://tinyurl.com/23fednx #
- "Oregon's state budget picture is bleaker than previously thought..." http://tinyurl.com/2b5ka73 #
- "Stores are closing, tax revenues are falling and unemployment... 70 percent in some places..." http://tinyurl.com/2e3hqog #
- "Iran will respond if Israel attacks its first nuclear power plant, which will begin loading fuel Aug. 21..." http://tinyurl.com/2ukfhg2 #
- "President Obama's job approval rating dipped to 44% for the week of Aug. 9-15..." http://tinyurl.com/27cx87m #
- "Japan’s weakest economic growth in three quarters adds pressure..." http://tinyurl.com/342er4g #
- "... union greed makes corporate greed look like child's play..." http://tinyurl.com/35agaqw #
- George Soros slashes exposure to US equities http://tinyurl.com/2a3433y #
- "At a time when millions of American families are barely making it from month to month, the last thing they need... http://fb.me/uzaHDNdX #
- "It is August 2010, which is the month when the last U.S. combat troops are scheduled to leave Iraq..." http://tinyurl.com/3668spq #
- Does the Fed Secretly Worry About Deflation? http://tinyurl.com/3x8zudu #
- Drop in prices point to possible deflation http://tinyurl.com/3784qsq #
- Why all that fiscal stimulus is not working http://tinyurl.com/2bcb4m8 #
- Deflationary Spiral Continues With Highest U.S. Bankruptcy Filings Since 2005 - TDT http://su.pr/1s5zzz #
- Deflationary Spiral Continues With Highest U.S. Bankruptcy Filings Since 2005 http://tinyurl.com/39966hk #
- Dining on a Dime: Back to School Deals: It's back to school season and some dining establishments have got their c... http://bit.ly/bZ8QEt #
- The Gap Year: Why Taking Time Out to Travel Is Good: Taking a gap year, or a year between high school and college ... http://bit.ly/cNjWwK #
- How Full Is Your Money Pot? Find Out With The 15-Minute Budget: But for those who like to supplement their online ... http://bit.ly/dzmWmT #
As deflation continues to romp its way into our economic lives we are seeing an unprecedented flow of news all pointing to further economic strain. What's important to keep in mind as the deflationary spiral sinks in deeper and deeper is that this is just the beginning. Take a look at the third quarter bankruptcy filings, which are the highest since 2005:
Bankruptcy Filings Up 20 Percent in June
"Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010, according to statistics released today by the Administrative Office of the U.S. Courts.
"Third quarter filings, the 3-month period ended June 30, 2010, totaled 422,061. Filings for the June quarter are the highest of any quarter in fiscal year 2010 (October 1, 2009 – September 30, 2010) and the highest for any April-June quarter since the 2005 third quarter filings. For fiscal year 2010, filings for the first quarter (October 1, 2009 – December 31, 2009) totaled 372,203 and second quarter filings (January 1, 2010 – March 31, 2010) totaled 388,148."
By the time we've hit bottom, the over 422,000 third-quarter-2010-bankruptcy filings will be a very small number. The credit contraction will continue and more people and businesses will find it extremely difficult to locate sources of additional credit to pay off debt, which in turn will lead to more bankruptcies.
The dead - as many as 15,000 in France alone, 30,000 in Europe at large - succumbed to something far more primordial. They died of heat. : http://tarpipe.com/uP



