Economics and Investing:

Jeff D. mentioned: Employment funds going ‘absolutely broke’; 40 state programs to be emptied by the jobless tsunami within two years

GG spotted this: The Inflation Bomb Hiding on The Fed’s Balance Sheet

Tom B. spotted an article in The Shanghai Daily: Harder to buy US Treasuries. Here is a brief quote: “…it was inevitable that the dollar would continue to fall in value because Washington continued to issue more Treasuries to finance its deficit spending.”

Items from The Economatrix:

Gasoline Prices Flatten Below $2.60. This may be a good opportunity to refill your storage tanks with fairly reasonably priced winter formulated gasoline!

Borrowers with Modified Loans Falling Into Trouble

Surge of Foreclosed Homes Set to Hit Market

The Coming Shortage of All the World’s Most Important Industrial Metals

US Jobseekers Face Bleak Christmas as Unemployment Continues to Rise