Economics and Investing:

Some serious gloom and doom from mainstream economic commentator Jim Jubak: Get ready for the next crash

Reader John R. sent several interesting items:

We’re All Greece – And On Fire – Karl Denninger

Europe Facts, Not Fiction: Usage Of ECB Deposit Facility Goes Parabolic, Sov CDS Wider Across The Board
– Tyler Durden
The Last Haven Standing (Peter Schiff)

Items from The Economatrix:

Here We Go Again:  US to Breach “Transitory” Debt Ceiling on Monday

Gerald Celente Predicts “Winter of Discontent”

Here’s Why Greece Leaving the EU Could Cause Another Depression

Economy:  World Entering “Dangerous New Phase”

Waking Up to a Post-Growth Economy

Mortgage Rates Fall to 60-Year Low, But Few Qualify