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Economics and Investing:

From Paul D.: US faces Armageddon if China and Japan don’t buy debt [1]

Investors gird for post-recession inflation [2]

HH latched on to this article: U.S. Debt Crisis May Cause ‘Fall of Rome’ Scenario, Duncan Says [3]

From FG: Detroit hits 28.9% unemployment [4]

Items from The Economatrix:

Fed Admits Hiding Gold Swap Arrangements [5]

New Jobless Claims Drop Unexpectedly to 530,000

Fed Scales Back Two Emergency Lending Programs
[6]
Iran Replaces the US Dollar with the Euro


New Deadly Dollar Carry Trade


Gold to Reach $1,500 This Fall?