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Economics and Investing:

AmEx (American Expat) suggested an essay from Forbes in which the author makes some good points about going back to the gold standard: Gingrich, The Gold Standard, And The Florida Primary [1]

The great deleveraging event – household debt has fallen 4 percent since recession hit [2]. Household debt has fallen dramatically from the peak when household debt aligned itself with annual GDP.

G.G. flagged this: Tax Evaders Renounce U.S. Citizenship [3]

Baltic Dry Plunges 42% More Than Seasonal Norm To Start The Year [4].

Items from The Economatrix:

Greek Bond Talks Break Down, But Markets Shrug It Off [5]

Why Isn’t Illinois a Bigger Story than Greece? [6]

Don’t Blame The Economy — It’s The 1% Who Are Making Pensions Unaffordable [7]

Failed Treasury Auction Portends Egyptian Disaster [8]

The Demise of the Petrodollar [9]

Proposed Mortgage Settlement Offers Little Relief For Homeowners [10]

Bernanke Has “Finger On Trigger” For New Bond Buys [11]