Chipotle Ends the Penny Before U.S. Mint Does [1]. (Thanks to Gregg P. for the link.)
Food prices jump will hit poor, World Bank warns [2]. Global food prices have leapt by 10% in the month of July
More Monetization: Debt crisis: ECB should launch ‘unlimited’ bond buying, says OECD [3]. Somehow, I don’t think that a country buying their own bonds is what Bing Crosby had in mind [4]. (Thanks to G.G. for the link.)
Items from The Economatrix:
Charlie McGrath: Collapse, Civil Unrest are Unavoidable [5]
The “Euphoric” Economy and Why “They” Didn’t See it Coming [6]
Into The Meat Grinder: A “Market Meltdown the Likes of Which We’ve Never Seen is Upon Us” [7]
Illinois Debt Cut By S&P After No Action on Pension Funding [8]