Economics and Investing:

Lisa forwarded us the link to the PDF of a new think tank report: Manning the barricades: Who’s at risk as deepening economic distress foments social unrest

SurvivalMama sent a great Schumeresque snippet from Brad DeLong’s Grasping Reality With Both Hands blog:

Q: What if markets never recover, the assets are not fundamentally undervalued, and even when held to maturity the government doesn’t make back its money?
A: Then we have worse things to worry about than government losses on TARP-program money–for we are then in a world in which the only things that have value are bottled water, sewing needles, and ammunition.”

Reader D.D. suggested this from Jim Jubak: Fluke? Credit crisis was a heist

Also from D.D.: The five biggest lies on Wall Street

Items from The Economatrix:

Geithner Seeks Sweeping New Powers Over Financial (Non-Bank) Companies

IMF: Economic Slump to Engulf the World

Fears of Record Hedge Fund Withdrawals (I warned you about this, back in October, 2007!)

Savers Withdraw Money as Returns Deteriorate

Nine AIG Top Bonus Earners Agree to Repay in Full

China to Keep Buying Treasuries

Geithner’s Plan “Extremely Dangerous” Says Economist

Falling Dollar Prompts BRIC Dollar Reserve Rethink

Job-saving Nonsense (The Mogambo Guru)

Peter Schiff: All Bubbles Burst

Administration Seeks to Free Frozen Credit Market

Another Saab (Sob) Story: Sweden Says No to Saving Saab

Millions Take to Streets in Economic Protests