SurvivalBlog’s Editor At Large, Michael Z. Williamson [1] sent this: Goldman Sachs predicts that U.S. will be world’s largest producer of oil in 2017 [2]
J. in Kabul sent this: Here You Go: It’s Over [3] (by Karl Denninger.) Here is a brief quote: “Oh sure, there will be rallies and there will be selloffs. But there is no longer a market, there is no longer a thing to trade, and there is no longer a reason to believe that superior analysis will lead to profit or even safety.”
Warning: Coinage debasement ahead! Steve Rothman says it costs more to make a penny and nickel than the coins are worth [4].
Kevin S. sent this: 50 Best Bartering Sites for the Frugal Student [5]. (Also of interest to preppers.)
From J.B.G.: Now UK faces a £5bn bill to bail out Spain… as ministers plan for euro collapse [6]
Items from The Economatrix:
What Would Happen if an Asteroid Hit US Banks? [7]
Student Debt Canceling Out a Generation of Homebuyers [8]
Black Friday Draws Crowds, But Spending in Doubt [9]
Fear Sweeps Markets as Germany Rules Out ECB Intervention [11]