Mexico Swine Flu economic crash, the shrinking Germans, Citi solicits Sam for bonus, Kashkari out.

Our top story of the day is the shutdown of Mexico City.

 mexico city shutdown- the implications http://tinyurl.com/d9cj6x (expand) #afn #mexico #worldnews #usnews #cashreports

With the Swine flu now racing across the world, Mexico is facing daunting economic challenges at a precarious time.  Just as Mexico faces increasing pressure from their drug cartel war, Mexico City is virtually shut down, with far-reaching economic and political implications.

bbcbusinessThe German economy will shrink by 6% this year. http://tinyurl.com/cxlls9 #afn #cashreports #worldnews #germany

One of the strongest economies in the world, Germany, is facing dramatic shrinkage, according to its own government estimates.  This economic downturn is also giving fringe groups fuel for growth through disenfranchised Germans.

msnbc- citi asks uncle sam to let them give bonuses http://www.msnbc.msn.com/id... #afn #cashreports #usnews #blognews

Not sure we have a national bank system?  Guess again.  Now, Citi seeks permission from the Federal government to pay their people bonuses. 

reuters-bank rescue man out-fannie guy in http://www.reuters.com/arti... #afn #cashreports #usnews #blognews

Kaskari out, Fannie Mae guy in.  Are these the same chefs that cooked this poo pie in the beginning?  Why, yes.  Welcome the new boss, same as the old boss.

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Paul Collier

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