Economics and Investing:

From veteran blog content contributor GG: A $4 billion Postal Service bailout

Also from GG: Ten reasons for an imminent stock market crash

Reader mark S. flagged this: Another housing slump coming? Analysts say 7 million soon-to-be foreclosed properties have yet to hit the market.

Items from The Economatrix:

Simmons (Mattress) Plans to File for Chapter 11 Bankruptcy Protection

Housing Crash to Resume on Seven Million Foreclosures

The Long Slog: Out of Work, Out of Hope

Volcker Unleashes Another Volley on the Wizards in Wall Street and D.C.

Rare Earths are Vital and China Owns Them All

US Issues $7 Trillion Debt, Supply to Stabilize

UK: Now That It’s Down to Politics, the Crisis is Starting to Turn Really Ugly