The Crash of the American Economy

[Kitsune]

...only, you might not know it is even happening.

From the Federal Reserve:

On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.

Whoa -- wha? Huh? M3? What the hell is that?

You ought to read on. I never knew about all of these connections on the commodities market and, since Iran has been coming up a lot in the news, lately, find it a bit disconcerting. Who knew Europe would finally get tired of playing ball and set up their own game?

Yeah, it is from The Daily Kos, but you should read it, anyways. Just squint so you can blur out the anti-bush ads on the side. It won't hurt you much.