Economics and Investing:

It is time to cue up “O Fortuna” from Carl Orff’s Carmina Burana: Fitch says comprehensive solution to eurozone crisis is ‘beyond reach’ – statement in full. (Thanks to Jim McC. for the link.)

J.B. sent a new article about Alabama Rate Increases: “These people are going to end up rioting about this.”

Norwegian city to adopt The Vilnius Solution to panhandling? ‘Fine people who give beggars money’.

Items from The Economatrix:

Is The Gold Bull Really Dead?

Massive Downward Revisions Imminent:  National Association Of Realtors Miscounted Millions Of Home Sales Over Last Five Years.

Europe’s Crisis:  Goldman Warns of Big Risk to US

Australian Banks Given One Week to Prepare (Stress Test) For European “Meltdown”

50 Economic Numbers From 2011 that are Almost Too Crazy to Believe