Economics and Investing:

CMBS Delinquencies Hit Fresh Record, Now at $51 Billion, 268% Increase. (Thanks to G.G. for the link.)

Also from G.G.: Still No Credit Where It’s Due (Commercial and industrial loans have contracted 19% in the past 12 months. Consumer credit is down 6% in the year to February, when it stood at the same level as June 2007.)

RBS sent us this: Idle rail cars generate cash for Boise

Also from RBS comes this article in Der Spiegel: The Mother of All Bubbles Could Push Euro Zone into Bankruptcy.

Thanks to Steve S. for forwarding this: China May ‘Crash’ in Next 9 to 12 Months, Faber Says

Greece’s Costs Seen Exceeding EU-IMF Help

Items from The Economatrix:

Trickle of Nonsense (The Mogambo Guru)

Frugality Among Consumers Outliving Recession. (Could it be, because people realize that the “recovery” is a fraud?)

Government Debt Explosion Hits Turning Point

Stocks Extend Decline On European Debt Worries

Gold Hits 5-Month High on Greek Aid Uncertainty

No Guarantees at the Pension Benefit Guaranty Corporation