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Economics and Investing:

G.G. flagged this: The next financial crisis will be hellish, and it’s on its way [1]

More from the GEAB think tank: Global Systemic Crisis: 30,000 billion US dollars in ghost assets will disappear by early 2013 [2]

U.S. Banks Face Serious Risk From Europe: Fitch [3]. (Thanks to AmEx for the link.)

Kyle Bass Un-Edited: “Buying Gold Is Just Buying A Put Against The Idiocy Of The Political Cycle. It’s That Simple!” [4] (At 20:50 into this fascinating interview, Bass answers the question: “Why guns and gold?”

Items from The Economatrix:

Is Gold Headed to $2,200? [5]

European Debt Crisis:  You Haven’t Seen Anything Yet [6]

Chinese Threatens US Debt Downgrade [7]

Eurozone Sovereign Debt is New Subprime [8]