Recessions are good for an economy because they involve a resolution process, but a big recession for this boom town could be great for the world economy.
The 'good' news this holiday season comes from the IMF, as the Fund decided yesterday to include the yuan in the basket of currencies which underpins its Special Drawing Rights (SDR).
The "junk silver" (90% US silver coins) seems to have disappeared. After checking several websites that deal in such coins almost all catagories have no inventory to sell. You can still buy bright and shiny versions of the coins at around a 20% premium over the silver value.
