Uh-Oh: Don’t Look Now, But. . .

Need to take a break from reading Climategate 2.0 emails, because I’m getting eye strain.  More bad news out of the Eurozone, where a German bond auction has failed miserably (Megan McArdle at the Atlantic has a good roundup, but what do you expect when Jon Corzine exits the Eurobond market?), and the Dexia bailout may be coming unraveled.

Meanwhile, while all eyes are fixed on the Eurozone, China may be on the brink of trouble: manufacturing activity is down to a three-year low, on top of reports of rapidly falling real estate prices.

And oh yeah—the American economy still ain’t looking so good, either.

But be of good holiday cheer: Tomorrow I’ll post up some video of my deep fried turkey triumphs.

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