It’s happening now as we speak. The American economy is tumbling faster than you can say Alicia Sacramone. During November, retail prices plummeted at record speeds, and now after all the pain in the ass inflation we’ve dealt with, we may just have a new problem on our hands: deflation.

The New York Times reports:

Retail prices fell at their ...

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If you’ve been hiding out with the Amish, in a coma, or somehow indisposed in another way, here’s an update: the economy sucks. Here’s another update, for people with no common sense: it’s gonna stay that way for a while.

The LA Times reports:

Two million jobs could be lost nationwide next year under the weight of a severe global recession tha...

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Okay, here’s a big fat surprise: home prices fell at a record pace in October. We already knew that November retail values did the same. We knew the subprime mortgage crisis has been reverberating through the real estate and credit markets. So here’s just one more reminder of the econalypse.

The New York Times reports:

Home values in America’s...

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