Economics and Investing:

Paul W. mentioned an insightful article by Janet Tavakoli: Washington Must Ban U.S. Credit Derivatives as Traders Demand Gold. (Long-time SurvivalBlog readers are already familiar with my strong warnings about the derivatives time bomb. Newbies, please take a look.)

Eric S. suggested this piece by Chris Nelder: Peak Oil Demand Is Coming, But Here’s Why It’s Not Good News

Reader David D. spotted this Wall Street Journal article: Commercial Real Estate Owners Beginning To Walk Away From Properties

Items from The Economatrix:

Job Openings Up Sharply in January to 2.7 Million

Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash

Europe Bars Wall Street Banks from Government Bond Sales

Martin Weiss: The $21 Billion Hot Potato

Los Angeles to Pull Investments from Foreclosure-Heavy Financial Firms

Karl Denninger: All You Need to Know About Bank Balance-Sheet Fraud

SPY Volume Back to 2010 Lows as Equity Mutual Funds Run Out of Cash

Jobless Aid Bill Passes Key Senate Hurdle

43% of Americans Have Less than $10,000 for Retirement