Economics and Investing:

Welcome to the Third World, Part 7: Bye Bye, Public Services ^[1]. (Kudos to H.L. for the link.)

Also from H.L.: Two Spanish Towns in Hock as Banks Cope with $250 Billion in Bad Loans ^[2]

The Political Euro Revolt Spreads To Austria: “Europe Can Only Function If Every Country Has Its Own Currency” ^[3]

Items from The Economatrix:

Banking Damage:  ATM, Checking And Overdraft Fees Rise In 2012 ^[4]

Max Keiser:  We’re In A Financial Holocaust ^[5]

Why More States May See Gas Prices Above $4 ^[6]

Six U.S. Cities on the Edge of a Fiscal Cliff ^[7]