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Economics and Investing:

AmEx (American Expat) sent this: U.S. to Get Downgraded Amid Fiscal ‘Theater,’ Pimco Says [1]

Reader A.T. suggested this essay by Martin Armstrong: What Destroyed Rome was its Unfunded Government Employee Pensions [2]

The Daily Bell reports: Now Mexico Bans Cash [3]. JWR’s Comment: Don’t mistake this new law as part of the so-called war on drugs or the war on terror. Rather, it is plainly a part of the war on privacy and individual liberty.

Izzy Friedman: What Now For the Price of Silver? [4]