Economics and Investing:

World is heading for ‘Great Stagnation’, says Goldman

“It’s Going to Get a Lot Worse”: ECRI’s Achuthan Says New Recession Unavoidable. (Thanks to Alan W. for the link.)

J.B.G. sent this: Protectionism beckons as leaders push world into Depression

Erik B. spotted this article: Greece to Miss Deficit Targets Imposed by Lenders as Part of Bailout

Texas Bank Is Closed; U.S. 2011 Failures at 74. (Link courtesy of G.G.)