Economics and Investing:

RBS sent this: Bud Conrad: The Only Way Out Is to Inflate; Austerity not working?more money printing on the way

G.G. flagged this one: Jobs Recession Now 49 Months: Longest Since WWII

Matthew N. noted this article: Harrisburg to skip bond payments due next week. JWR’s Comment: Take a lesson from the sovereigns and just call it a “credit event.” No cause for alarm. Move along, folks. Nothing to see here.

Items from The Economatrix:

Financial Bubonic Plague

Not So Fast On That Whole Economic Recovery Thing

Wall Street Up On Jobs Data, Brushes Off Greek Default