Economics and Investing:

Fallout in America from Europe’s debt bomb, as a hedge fund perishes: WJB Faced 25% Interest on Debt Ahead of Brokerage Shutdown

AmEx (American Expat) sent us this: In Greece’s Sour Economy, Some Shops Are Thriving

Cue the dramatic gloom and doom music: Hungarian Yields Soar, CDS Hits Record As Bill Auction Fails

Greek Prime Minister warns of March default–Lucas Papademos says Greece may default on its debts in March unless unions accept further cuts to salaries.

Items from The Economatrix:

Against Euro And Yen, Dollar Defied Reality

Peter Schiff:  Now’s A Perfect Time For A Gold Rally

What’s In Store For The Housing Market In 2012?

Financial Predictions For 2012