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Economics and Investing:

Dr. Paul Craig Roberts: Recovery or Economic Collapse? Bet on Collapse — The Financial Crisis Could Destroy Western Civilization [1]

Using the young as a shield for hitting the deficit spending wall – the bill will come due for the young. Government spending prioritizes old American immediate needs and will send the bill to the young. [2]

Merkel Heads for Debt Showdown with Hollande at EU Summit [3]

David Stockman: We are Coping With the Crash of a 30-Year–Long Debt Super-Cycle [4]

Items from The Economatrix:

War-gaming Greek Euro Exit Shows Hazards in 46-hour Weekend [5] (Reader Sue C. noted about this same article: “The interesting thing is the ‘behind-the-scenes’ preparations for a civil breakdown scenario.”)

Oil Drops On Iran Talks, Brimming U.S. Supply [6]

Wall Street Finishes Flat In Late Reversal [7]

European Debt Crisis Concerns Jolt Commodities [8]

Gold Sinks 1.8% as Greece Worries Lift Dollar [9]