Economics and Investing:

Sue C. sent us this: Jim Rogers: US Looks Headed for Recession, Stock Crash in 2013

Also from Sue, this Reuters article: Britain in recession, intensifying government woes

Jon in Montana spotted this: Detroit Mayor Bing’s proposed budget slashes government services by 50%. Jon asks: “Is this a sign of things to come, across the country? 
John Grgurich: Spain is Struggling with its Debt, and You Should be Worried

Items from The Economatrix:

New IMF Figures Show at Current Rate Central Banks Will Buy Almost 700 Tonnes of Gold this Year

Gas Prices Seen Headed Lower at Pump

State Finance are Still Doomed

Fed Stands Pat But Says Will Act if Needed

Plunge in Durable Goods Orders Clouds US Outlook

Home Prices To Bottom in These 19 Markets in 2012