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Economics and Investing:

For Recession Victims, Gold Mining Pans Out [1]

From C.D.V.: 60 Minutes segment: “State Budgets: Day of Reckoning” [2]

Goldman Sachs Guru Sees 2011 as ‘the Year of the USA’ [3] Goldman’s Jim O’Neill shot to fame by predicting the staggering rise of emerging-market economies like the BRIC nations, Brazil, Russia, India and China. But 2011, he says, “will be the beginning of a new phase in which the U.S. has strong GDP growth.” 

 

Items from The Economatrix:

Sales of Previously Occupied Homes Up in November [4]  

Oil Tops $90 as Government Says Crude Supplies Shrank [5]  

Citigroup Fears Fresh Wave of Sovereign Defaults and Bank Failures in Eurozone [6]

More People Fell Out of Obama Mortgage-Aid Program [7]