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Economics and Investing:

Reader Jeanan asks: It this a sign of a commercial real estate collapse? Owners: $5.4Billion New York housing complexes go to creditors [1]

Robert H. recommended this piece by Paul Mladjenovic: Three Things Everyone Needs to Do with Money in 2010 [2]

Our friend Evan describes this as sort of like “doubling down” at a casino: Greece Sells 8 Billion Euros in Notes After Offering Premium [3]

GG flagged this Reuters piece: Record number of young Americans jobless [4]

Also from GG: Deficits As Far as the Eye Can See [5]

Economics Update from JWR: The last I heard, the Economatrix [6] was still snowed in, warm by her woodstove, but sans Internet. You can expect more of her posts sometime later this week.