Economics and Investing:

Kevin S. recommended this from the Global Guerillas Journal: What Makes a Home Valuable?

CBO chief says debt ‘unsustainable’. (Out thanks to reader S.M. for the link.)

GG and Chad S. both flagged this: Gold hits record high for British investors; The price of gold has risen to an all-time high in sterling and euro terms.

Also from GG comes this video clip: Meredith Whitney: Housing Will Fall Again

S.M. sent this: Is the World’s Second Biggest Economy On the Ropes?

Items from The Economatrix:

Stocks Trade Mixed After Alcoa Results Fall Short

February Trade Deficit Increases to $39.7 Billion

Oil Price Slide Continues for Fifth Straight Day

Pensions: The Untold Crime of the Century

The Power of Gold

With 1 in 5 Americans Out Of Work, Obama Issues One Million Green Cards

A Mortgage Crisis Picturebook Even a Progressive Could Understand

Commentary from Dan Denninger: Did The Fed Just (Surreptitiously) Bail Out Europe?