Economics and Investing:

Several readers sent this: Prospects for US Economy Either “Fairly Bad”or “Very Bad” Warns Goldman, Sachs

Siggy sent this: Silent Crash: Dow Continues Slide vs. Gold

So much for the “buy and hold” strategy: Another prediction that California metro area price peaks won’t return until 2025

I’m adding this blog to my blog roll: Free Market Economics In A Story

US Is ‘Practically Owned’ by China: Analyst

Items from The Economatrix:

IMF Sees Higher Deflation Risk; Fed Mulls More Aid

IMF Sees Global Economy Gaining, US Growth Slowing

Midnight Grocery Runs Capture Economic Desperation

Jobs Crisis Extends to Unemployed, Lawmakers

BofA Halts US Foreclosures for Review

Gerald Celente On GoldSeek Radio Oct. 1st