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Don't Panic! Sweden cuts deposit rate to MINUS 0.25%

July 6, 2009 - recorded 09:30 US Unemployment: U.S. loses equivalent of every job created in decade: http://www.financialpost.com/story.html?id=1752178 The unemployment timebomb is quietly ticking: http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5742937/The-unemployment-timebomb-is-quietly-ticking.html California Water Crisis: Governor: Water Will Be Released To Farms: http://www.kcra.com/news/19932581/detail.html Senate committee votes to expand Clean Water Act: http://www.cfbf.com/agalert/AgAlertStory.cfm?ID=1337&ck=E48E13207341B6BFFB7FB1622282247B States paying price for conservativism: http://www.examiner.com/x-12581-St-Louis-Liberal-Examiner~y2009m7d2-States-paying-price-for-conservative-influence New York City's First Rooftop Hydroponic Farm To Yield 30 Tons Of Produce Annually: http://www.treehugger.com/files/2009/06/new-yorks-city-first-rooftop-hydroponic-farm-to-yield-30-tons-of-produce-annually.php waterwars: The new dust bowl: http://www.youtube.com/watch?v=tF9M6yX3yMQ San Joaquin Valley a dust bowl, while the USA has to import food, thanks to the liberals: http://www.youtube.com/watch?v=R3kXC-dshXM QE: Not working?: Quantitative easing, credit easing and enhanced credit support arent working; heres why: http://www.nakedcapitalism.com/2009/07/quantitative-easing-credit-easing-and.html QE just acting as a sugar rush for insolvent banks that deserve to fail : http://www.telegraph.co.uk/finance/comment/liamhalligan/5742424/QE-just-acting-as-a-sugar-rush-for-insolvent-banks-that-deserve-to-fail.html Bank rejects criticism of quantitative easing scheme http://business.timesonline.co.uk/tol/business/economics/article6561239.ece Modern Flappers?: Sex and the modern girl: Are we witnessing a new age of female sexual assertiveness?: http://www.independent.co.uk/life-style/love-sex/men-women/sex-and-the-modern-girl-are-we-witnessing-a-new-age-of-female-sexual-assertiveness-1727304.html "Flappers" in the 20's: http://en.wikipedia.org/wiki/Flapper Credit Insurance: Vasanta Group in talks to save 1,400 jobs as it teeters on brink of collapse: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5743426/Vasanta-Group-in-talks-to-save-1400-jobs-as-it-teeters-on-brink-of-collapse.html Trade credit insurance claims hit record levels: http://www.independent.co.uk/news/business/news/trade-credit-insurance-claims-hit-record-levels-1731334.html Trade credit claims double to £316m: http://www.ft.com/cms/s/0/204fc938-67f1-11de-848a-00144feabdc0.html Threshers suffers hangover from diminution of credit insurance: http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/5698921/Threshers-suffers-hangover-from-diminution-of-credit-insurance.html Lack of properties props up house valuations: http://www.timesonline.co.uk/tol/money/property_and_mortgages/article6613166.ece Sweden Cuts Deposit Rate to NEGATIVE .25% http://globaleconomicanalysis.blogspot.com/2009/07/sweden-cuts-deposit-rate-to-negative-25.html Repo rate cut to 0.25 per cent: http://www.riksbank.com/templates/Page.aspx?id=32047 Peace and Love

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