Economics and Investing:

John Williams of Shadow Stats says: “This is end of the world type stuff”. He recommends stocking up on barter items.

A bunch of links, all courtesy of Kevin S.:

Presenting The (Only) Four Outcomes To The Global Public Debt Crisis

On The Failure Of Inflation Targeting, The Hubris Of Central Planning, The “Lost Pilot” Effect, And Economist Idiocy

A National Debt Of $14 Trillion? Try $211 Trillion

US Closes 2011 With Record $15.22 Trillion In Debt, Officially At 100.3% Debt/GDP, $14 Billion From Breaching Debt Ceiling

Items from The Economatrix:

Why Is Global Shipping Slowing Down So Dramatically?

The Federal Reserve’s Explicit Goal:  Devalue The Dollar 33%

Why Our Currency Will Fail

Foreclosure Deal to Spur New Wave of Home Seizures, Help Heal Market