Economics and Investing:
Loyal reader “OSOM” (“Out of Sight, Out of Mind”) pointed us to an eloquent piece by Bill Bonner (of The Daily Reckoning) titled: “Where to Be When Black Swans Appear” OSOM’s comment: “This is a great introductory article for those folks who don’t yet read SurvivalBlog.” Daniel H. flagged this evidence of flight from the U.S. Dollar: China sells $34.2bn of US treasury bonds. Jon R. mentioned this at The Daily Reckoning: The Food Crisis is a Dollar Crisis The latest FDIC Friday Follies: Regulators shut two small banks in Georgia; makes 20 US bank failures this year. (Thanks to …