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Economics and Investing:

A link sent by SurvivalBlog’s Poet Laureate George Gordon (“GG”): Why Sovereign Debt Pain Has Only Just Started [1]

Also from GG come this big red flag article: Greece ‘Dress Rehearsal’ for U.S. and U.K., Deutsche Bank Says [2]

Sent by Trent: Britain faces ‘oil crunch’ within five years, Richard Branson warns [3]

Forget The Mortgage, I’m Paying My Credit Card First! [4] (Thanks to Coyote in northern Michigan, for the link.)

Items from The Economatrix:

Greece’s Financial Crisis Puts Future of Euro in Question [5]

Super-wealthy Investors Move Billions Out of Greece [6]

World Bankers Meet in Sydney as Recovery Fears Intensify [7]

Bank Failures to Keep Rising in 2010 [8]

Obama Says Economy Turning Corner to Growth [9] (“Turning at warp nothing, Captain.”)

Seven US States that are Worse Off than Greece, Portugal, Ireland, and Spain [10]

UK: Thousands to Lose Jobs as Universities Prepare to Cope with Cuts [11]

Will We Ever Trust Wall Street Again? [12]

Greek Ouzo Crisis Escalates into Global Margin Call as Confidence Ebbs [13]