Economics and Investing:

Eric S. sent us this: Peak oil production predicted for 2014; Predicting the end of oil has proven tricky and often controversial, but Kuwaiti scientists now say that global oil production will peak in 2014.

Steve H. forwarded this: Potential Impact of Japanese Hyperinflation on the US Dollar

From GG: China central bank sees dollar strength, global inflation

“Ben in Tenn.” spotted this: Forget Greece…watch Cali. Here is a quote: “Isn’t it ironic that according to the Controller of LA’s biggest city, Cali may end up in a liquidity crisis sooner even than Greece. At least Los Angeles has undisputed access to the IMF – the only question is what shape the California austerity package will end up taking.”

Items from The Economatrix:

Oil Prices Settle a Little Higher

Greek Borrowing Rates Soar on Market Worries

Gasoline, Oil Hit 18 Month Highs

Deflation on the Prowl as Bernanke Shuts Down His Printing Presses

Higher Steel Prices Signal Return of Inflation

The Three Horsemen of the Global Depression