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Economics and Investing:

The Two Worlds of 2012: Will We Have “Inflation” or “Deflation”? [1]

Europe Brings Out The “Capital Controls” Bazooka [2]

U.S. Derivatives Probe Eyes Bank Control of LCH.Clearnet [3]

Pierre M. sent this: Italy ‘may need bailout’ [4]The Irish Times

Items from The Economatrix:

Fed Says US Wealth Fell 38.8% in 2007-2010 in Housing [5]

S&P Says US to Avoid “Fiscal Cliff,” Risks Remain [6]

Moody’s Cuts Cyprus Sovereign Rating Two Notches [7]

Fall In May Retail Sails Driven Entirely By Lower Gas Station Spending [8]