Economics and Investing:

I warned you that this was coming, folks: Legislation Seeks Steel Cents and Nickels. Stock up on nickels, before the composition changes and you have to start sorting coins!

IMF warns that world risks sliding into a 1930s-style slump. (Thanks to C.W. for the link.)

G.G. flagged this: China trims holdings of US Treasury debt.

Karl G. sent this headline: Texas Drought Takes Cow Numbers Down By 600,000.

Items from The Economatrix:

For Europe, the Only Way Out is to Break Up

The Coming Collapse Might Be Your Final Chance to Legally Buy Physical Gold this Decade

Existing Home Sales Debacle, as Larry Yun Confirms Overstatement

Child Poverty in America is Absolutely Exploding–16 Statistics that Will Break Your Heart