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Economics and Investing:

Reader R.B.S. sent this interesting data: Parsing U.S. Poverty at the Metropolitan Level [1]. Once again, the American Redoubt [2] shines.

North Las Vegas declared a disaster area [3]–economic disaster, that is.

Rim R. sent this: ‘Made in the USA’ Label Will Disappear If the World Trade Organization Plan Succeed [4]s

Six charts highlighting future trends in the housing system. Silent crashing markets, command style housing controls, and Fed top sponsor of maximum leverage. [5]

Items from The Economatrix:

Why Home Prices Are Better And Worse
[6]
Home Sales Reach Two-Year High as U.S. Rates Fall

Oil Falls As Investors Unconvinced On EU Growth Talk
[7]
What’s Stalling The US Recovery?
[JWR’s Comment: Gee, could it be that it isn’t a real recovery, just a transient chimera that was conjured up by trillions of dollars that were created out of thin air?]