Marc Faber recommends: invest in a farm surrounded by barbed wire and guarded by Dobermans [1]. (Thanks to G.G. for the link.)
I spotted this over at NewsMax: Gingrich: Obama Repeating Mistakes From the Great Depression [2].
K.A.F. flagged this: What to Expect if Bush Tax Cuts Expire [3]. The congresscritters in Washington are so desperate for revenue that they will likely reanimate both the higher income taxes and capital gains taxes. I predict that this will shut down the economy. Some optimists will call it a “double dip” recession. I ‘ll describe it more accurately: stepping off a cliff, a la Wile E. Coyote [4].
Jim H. suggested this article: Ireland: selling the family silver; Ireland prepares for a fire sale of national assets to pay debts [5].
The Daily Bell interviews Dr. Walter E. Williams: The Tyranny of the Majority, the US Federal Budget and Free-Market Thinking [6].
G.G. sent this: Bank Failures on Two Coasts Stretch Toll for Year to 108 [7].