Economics and Investing:

John R. sent this: 647,762,000,000,000 Reasons to Worry: The Derivatives Time Bomb.

Food is the New Oil, Land is the New Gold. (Thanks to Bob G. for the link.)

Reader J.B.G. sent this: Pharmacy queues show price Greeks are paying for credit breakdown

L.M.W. suggested some more great commentary from Karl Denninger: On “Austerity” and False Gods

Items from The Economatrix:

AIG Chief Sees New Retirement Age as High as 80 After Crisis.

Shenandoah:  A Fascinating Editorial From A Chinese Economist On The US Dollar

The Dark Financial Clouds Engulfing Europe