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Economics and Investing:

Fortune magazines asks: Is this finally the economic collapse? [1] (Thanks to Jeff L. for the link.)

G.G. suggested this article over at Forbes: Collapse In Internet Time [2].

Also from G.G.: America Is ‘Bankrupt Mickey Mouse Economy’: CIO [3]

B.B. was the first of several readers to send an article by Laurence Kotlikoff: Is Bankrupt and We Don’t Even Know It? [4]

Items from The Economatrix:

Major Leading Indicator in Free Fall [5]

Stocks Retreat as Fed Grows More Cautious [6]

Trade Deficit Widens to $49.9 Billion in June [7]

US Dollar Falls to 15-Year Low Against the Yen [8]

China’s Industrial Growth Slows, Inflation Jumps [9]

Bank of England Warns of Rocky Recovery [10]

Oil Falls Below $80 Amid Growth Slowdown Fears [11]

Recession Causing a Banking Awakening in Tough-Hit Midwest

Many Shun Bank Accounts But Pay More for Financial Services [12]

Gold Drops as Stronger Dollar Erodes Demand for an Alternative Investment [13]