Economics and Investing:

Dimitri Orlov: Prepare Yourself – America will collapse

Reader C.D.V. sent this: More and More Chances of Quantitative Easing, QE3 Dreams Live On

Reader L.M.W. suggested this sobering essay by Karl Denninger: Time is Running Out

Market rumor: Pimco and JP Morgan halt vacations to prepare for economic crash

Debate: JPMorgan prop trading or hedging?

Items from The Economatrix:

Schiff:  America Is Already Bankrupt

Obama Stimulus May Have Cost $4.1 Million Per Job