Economics and Investing:

B.B. spotted this over at Zero Hedge: Sheila Bair’s Modest Proposal To Fix Everything: Hyperinflation

John Mauldin on the Greek default: There Will Be Contagion

Sue C. sent us this: Analysis: Investors run scared of Spain’s battered banks

Also from Sue: Meet Allan Hill, the man who lives In Detroit’s abandoned Packard Auto Plant

And from Diana V.: 43% Have Gone Through A Week Without Paying Cash

Items from The Economatrix:

Consumers Are Spending More, So Sales Are Up

US Michigan Consumer Sentiment Decreased 75.7 In April

Inflation Outpaces Earnings, Threatens Spending