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Economics and Investing:

This set of charts says it all: The day of reckoning for global total debt – total credit market debt up from $28 trillion in 2001 to $53 trillion in 2012 [1].

Bob L. sent this: Richard Russell – A Bitter Pill to Swallow, Austerity or Inflation [2]

Items from The Economatrix:

True UK Jobless “6.3 Million” [3]

Jim Sinclair: The Lonely Road We Take Together [4]

“Poor America” – How The Broke Are Surviving [5]

Mortgage Settlement Will Plunge Real Estate Values [6]