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Economics and Investing:

Jeff Recommended an article over at George Ure’s site on the plight of a surveyor, which is a macrocosm of the national economy: And the Bottom Line Is? [1]

Don’t like the record number of foreclosures? Well, ban them! See: Obama May Prohibit Home-Loan Foreclosures Without HAMP Review [2]

This comes from Pravda, so I’m naturally dubious: China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction, Finmarket news agency said [3]. (Thanks to J.D.D. for sending the link.)

Items from The Economatrix:

Sultans of Swap: Explaining $605 Trillion of Derivatives [4]

Common Sense Economics [5] (The Mogambo Guru)

Concerns Grow Over China’s Sales of US Bonds [6]

Greeks Scramble to Pull 8 Billion Euros from Local Banks [7]

FDIC Hits Record “Default” Level as Deposition Insurance Fund Plunges by $12.7 Billion to NEGATIVE $20.9 Billion [8]