Economics and Investing:

Six charts that show the Welfare State run amok. (Thanks to SurvivalBlog’s Poet Laureate G.G. for the link.)

Doug C. sent this: Is Bankruptcy Coming to a City Near You?

The looming student loan bubble – Almost half of all student borrowers were not making payments. 1 out of 4 in debt repayment past due on student debt.

G.G. sent this: Gold for Oil: Turkey has exchanged nearly 60 tons of gold for several million tons of Iranian crude oil, despite its promises to uphold Western sanctions on Iran’s energy sector

Items from The Economatrix:

Inflate Or Die

Four Reasons To Be Even Less Optimistic About The Global Financial System Than You Were Last Month

Consumers Gloomier On Jobs, Finances

Buffet:  US Economy Growth Slowing, Europe Slipping “Pretty Fast”