Several readers sent this: Merkel tells Greece to back cuts or face euro exit [1] Here is a sobering quote: “What will prevail are armed gangs with Kalashnikovs and which one has the greatest number of Kalashnikovs will count … we will end up in civil war.”
G.G. sent this: 49% of Americans saving zilch for retirement [2]
Also from G.G.: 50-State Small Business Tax Friendliness Survey [3]
Michael H. spotted this: California facing higher $16 billion shortfall [4].
Items from The Economatrix:
Stocks Close Down 1% on Bank, Europe Worries [5]
Gold Drops to 4.5-month Low as Euro Sinks [6]