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Economics and Investing:

Dimitri Orlov: Prepare Yourself – America will collapse [1]

Reader C.D.V. sent this: More and More Chances of Quantitative Easing, QE3 Dreams Live On [2]

Reader L.M.W. suggested this sobering essay by Karl Denninger: Time is Running Out [3]

Market rumor: Pimco and JP Morgan halt vacations to prepare for economic crash [4]

Debate: JPMorgan prop trading or hedging? [5]

Items from The Economatrix:

Schiff:  America Is Already Bankrupt [6]

Obama Stimulus May Have Cost $4.1 Million Per Job [7]