Economics and Investing:

Bob G. sent this: Economist Richard Duncan: Civilization May Not Survive ‘Death Spiral’

Illinois to Spend More on Pensions Than on Education. (Thanks to B.B. for the link.)

Items from The Economatrix:

Economic Data Underscores Weakening Activity

Consumer Comfort In US Falls On Concern Over Growth

Postal Service On The Verge Of Default

Job Gains Topping Forecasts Ease US Slowdown Concerns

Service Industries In US Expanded At A Faster Pace In July