Economics and Investing:

Deleveraging from one bubble to another – Since the peak in 2008 $1.3 trillion in US household debt is gone but another bubble is brewing hidden under the rubble of the busted housing market. ^[1]

Precious metals market analyst Ted Butler: Transparency ^[2]

Impending Catastrophe: Spain Has Entered A Full-Scale Collapse And Created A Tremendous Amount of Instability Which Could Trigger An Imminent Lehman-Like Event And A Rerun of The Great Panic of 2008 ^[3]

B.B. sent this: Estimate of California’s real debt upped from $28 billion to… $335 billion ^[4]

In Forbes: Run On The Banks Would Make Fiscal Cliff Look Like A Speed Bump ^[5]

Items from The Economatrix:

US Bank Run Imminent As FDIC Expanded Deposit Insurance Ends December 31st ^[6]

Spain Recoils As Its Hungry Forage Trash Bins For Food ^[7]

Fed Virtually Funding The Entire US Deficit ^[8]

Greece Is About To Default Again ^[9]