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Economics and Investing:

Reader Tom C. wrote to mention an inflation data point: He noticed that half gallon bottles of lamp oil selling at Wal-Mart just jumped from $4.97 to $5.97 in one week–about a 20 percent increase.

Morgan Stanley borrowed the most in financial crisis [1]. ($107.3 billion in one month, with no public disclosure!)

Gil Morales and Chris Kacher QE3: Top 8 Reasons Gold Goes Higher [2]. (Thanks to Steve H. for the link.)

US Government Asset Seizures On The Rise [3]. (A tip of the hat to Stephen M. for the link.)

Over at Fierce Finance: Layoff misery on Wall Street just getting started [4].

Items from The Economatrix:

AP Survey:  No Recession But Weakness Will Endure [5]

21 Signs that the New Reality for Many Baby Boomers Will be to Work as Wage Slaves Until They Drop Dead [6]

Layoffs Sweep Wall Stret, Along With Low Morale [7]

Serious Mortgage Delinquencies Rise in Q2 [8]