Economics and Investing:

GG sent this: Far from being a safe haven, the dollar is the likely source of the next financial crisis

Also from GG: We must get ready for a weak-dollar world

Items from The Economatrix:

UAE to Back Banks Amid Dubai Meltdown

Professor Advises Underwater Mortgage Holders to Walk Away From Mortgage (Back in August, 2005, JWR warned us that these walk-aways were coming.)

Furious Investors Warn Dubai it Will Never Raise Another Penny

How Much Longer Can the Dollar Defy Gravity?

South Africa’s Golden Age Coming to An End

Senator Opposes Bernanke’s Renomination

Few Signposts Mark the Road to Economic Recovery

Shoppers Spent Less Over Black Friday Weekend

Unemployed Turn to Church Networking Groups

Idle Hands: Some Puritan Advice for the Unemployed

Treasury To Push More Mortgage Firms to Reduce More Loan Payments

Home Prices May Be Headed Back Down