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Economics and Investing:

Rick Moran: ‘We are looking straight into the face of a Great Depression’ [1]

G.G. sent this news from England: Number of men aged 25-34 living with their parents rockets to 18.6 per cent, the highest level since 1960 [2]

At The Daily Bell: Der Spiegel: ‘Consensus Is Growing’ for ECB and IMF Takeover of Euro-Crisis [3]. (And who will provide the support for the IMF? Most likely us–American taxpayers.)

Jason Hommel: The Dollar is Done – Deal with It [4]

Barclays Says Italy Is Finished: “Mathematically Beyond Point Of No Return” [5] (Thanks to John R. for the link.))

Items from The Economatrix:

Gold Up 1% as Europe Debt Worries Linger [6]

Morgan Stanley Says Europe’s Pandora’s Box Has Been Opened [7]

Gold Market Update [8]

Berlusconi Promises to Resign Amid Italy Debt Woes [9]

Oil Soars But Motorists Needn’t Worry Yet [10]