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Economics and Investing:

KAF sent this: Five minutes of waiting to exhale A 17 percent plunge in Citigroup Inc. today triggered a five-minute trading pause, making the bank the second company halted by the two-week-old circuit- breaker program created to prevent market panics [1]

From reader S.M.: The Third Depression [2]

Also from S.M: US State Budget Crises Threatens Social Fabric [3]

Items from The Economatrix:

Derivative Market: Alive and Kicking Despite Reforms [4]

Banks Told to Hoard Cash in Case of Crisis [5]

New UK ATMs to Restrict Money Supply [6]

46 US States Facing Greek-Style Crisis [7]

Oil Price Rises Over Tropical Storm Concerns [8]

Unemployed Face Abuse from Other Americans [9]

Severe Economic Downturn Indicated [10]

US Auto Sales Seen Slowing with Recovery in Doubt [11]

Stocks Skid on Renewed Fears of Global Slowdown [12]