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Economics and Investing:

Michael Panzner, over at his excellent Financial Armageddon blog presents some graphics with sobering statistics on personal debt in America [1].

Chris G. suggested this photo essay on failed currencies: A Thousand Pictures Is Worth One Word [2]

R.J.K. sent: Three Reasons to Stick With Gold & Silver [3]

J.B.G. mentioned: Rhode Island’s Central Falls files for bankruptcy [4]

An interesting piece by Lorimer Wilson: July Update: Gold & Silver Warrants Index (GSWI) [5]

Several links courtesy of regular contributor John R.:

When a Cut is Not a Cut [6] (Dr. Ron Paul)

Martin W. Armstrong: Uncle Sam – Dead Broke [7]

Who Can Take This Country Seriously? [8] (Dave Cohen)

Jeff Berwick: Even the Tooth Fairy Knows It’s a Depression [9]

Items from The Economatrix:

Who Will Uncle Sam Pay If There Is No Debt Deal? [10]

Markets On Edge As Debt Limit Debate Drags On [11]

Recession Risks Up Amid Slow Growth, Debt Standoff [12]

Moody’s Says US Should Retain Top Credit Rating [13]