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Economics and Investing:

From GG: California Teachers Pension Fund $42.6 Billion Short [1]

Truckman sent this; Commercial Real Estate’s Coming $1.4 Trillion Crisis [2]

From JDD: Report: 1 in 5 U.S. homeowners underwater [3]

Items from The Economatrix:

Inflation: Ignoring Doesn’t Make It Go Away [4] (The Mogambo Guru)

Chapter XVI: When Shopping Is A Pleasure [5] (The latest in The Day The Dollar Died series)

Globalization is Killing the Globe: Return to Local Economies [6]

FEAR Davos 2010, Into the Bomb Shelter [7]

Why Silver Price Will Boom to $50/Oz. [8]

Bernanke Says Discount Rate May Rise “Before Long” [9]

Trade Gap Unexpectedly Rises on Imports [10]

How A New Jobless Era Will Transform America [11] This raises interesting questions: What do all the jobless people do to survive now? What happens when the unemployment runs out? Will government increase welfare, which will raise taxes even more?