For the “I Told You So” file: Romanian government collapses amid public outrage over austerity. (Thanks to B.B. for the link.)
California, New York might sign on to MERS settlement
Dawn S. suggested a piece with a fascinating animated stock volatility chart over at Zero Hedge: Presenting The “Rise Of The HFT Machine” – Visual Confirmation How SkyNet Broke The Stock Market On US Downgrade Day
Pennies: Where are they all going? (A hat tip to Diana S. for the link.)
G.G. suggested this National Review article on commercial real estate: Armageddon at the Strip Mall
Items from The Economatrix:
Illusion Of Recovery — Feelings vs. Facts
Buying Gold In Uncertain Times
Decline Of US Economy Is The Logical Outcome Of Keynesian Economics