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Economics and Investing:

G.G. flagged this from Mish Shedlock: Illinois Doesn’t Pay Bills; Crisis Pushes Businesses to Edge of Bankruptcy [1]

Also from G.G.: Germans lead gold rush frenzy [2]

Chad S. sent this one: GM wants more subprime buyers; will lender agree? [3]

Also from Chad S. come this article from Detroit, Michigan: Landscapers find workers choosing jobless pay [4]

Items from The Economatrix:

Lloyd’s of London Warns of “Perfect Storm” Threat to Insurers [5]

Markets Plunge as Merkel Delivers Euro Warning and Bans Short Selling [6]

Congress Blocks Indiscriminate IMF Aid to Europe [7]

US Housing Starts Jump, Wholesale Prices Fall [8]

Stocks Slide After Investors Focus on Europe Woes [9]

Federal Reserve Sees Slightly Better 2010 Economy [10]

Consumer Inflation Vanishes, a Boon for Borrowers [11]

Mortgage Delinquencies Drag on Economic Recovery [12]

Oil Settles Close to $70, Halting 16-day Slide [13]

One in Seven US Homeowners Paying Late or in Foreclosure [14]