Fresh Links!

by Art Fag City on October 3, 2008 Fresh Links!

A grim morning – Paul Krugman – Op-Ed Columnist – New York Times Blog

Double plus ungood news on multiple fronts this morning. The credit crunch is getting worse: LIBOR jumped again, the TED spread is at a new record. Bad news on employment: payrolls down 159,000, average work week down, official unemployment rate flat at 6.1 percent but broad measure (U6) up from 10.7 to 11.

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