Economics and Investing:
Monty Pelerin: Europe Will Trigger U.S. Frantically spending and monetizing, to delay the collapse: Debt Up $1.59 Trillion Under GOP House—More in 15 Months than First 97 Congresses Combined Greek Exit From Euro Seen Exposing Deposit-Guaranty Flaws The end game of global leveraged debt – double-digit percentage point market declines in Europe and Japan and the danger of refinancing debt with longer term debt. Over at TF Metals Report: Getting Real, Real Fast ‘Beware a rerun of the Great Panic of 2008’: Head of World Bank warns Europe is heading for ‘danger zone’ Items from The Economatrix: Oil Set For …