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Economics and Investing:

Thanks to Tom W. for sending this link: Fiscal Crises Hit Closer to Home; States and localities face burgeoning deficits; next phase in debt-deflation? [1]

Ben M. suggested this New York Times link: Junk Bond Avalanche Looms for Credit Markets. [2]

Several folks sent this link: Rising food prices may start with seeds [3]

Items from The Economatrix:

Not Durable? [4]

Gold, Silver and Oil: Buying the Essentials in Tough Markets [5]

Fed May Hint at How Long the Rates Will Stay Low [6]

What Credit Card Pay-offs? Consumers are Dumping Debt! [7]

IRS: Get Tax Relief if Lender Forgives Part of Home Debt [8]

Housing Construction Drops 5.9% in February [9]

Stocks Rise After Fed Pledges to Keep Rates Low [10]

Oil Settles Near $82 as Fed Keeps Rates Low [11]

Gold Supported by Geopolitical and Sovereign Risks as S&P and Moody’s Warn US [12]