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Economics and Investing:

Michael I. recommended this great article: The Long, Long Depression [1]. Michael’s comment: “This is by a National Review writer who predicts a two decade depression.  He discusses similarities with the 1873 depression.”

Reality check: Mt. Washington Parking Space Assessed At Nearly $300,000 [2]

Verizon reverses on $2 fee for one-time payments [3]

Chinese financial bubble update: China eclipses US as top IPO venue [4].

Four Risky Places To Swipe Your Debit Card [5]

Items from The Economatrix:

You Thought 2011 Was Tough? [6]

NASDAQ Wraps Up 2011 In The Red [7] (But then we read: Gold’s 10 percent gain in 2011 extends run to 11th year [8].)

Investors Got A Mixed Bag In 2011 [9]

Wall Street Back At Square One, With S&P Flat For 2011 [10]

Grim 2012 Economic Outlook [11]