Just as we assumed: Red States Have Most Economic Potential. (A hat tip to H.L. for the link.)
This Crazy Extend & Pretend Economic World. Here is a quote: “The Japanese government spends 24% of its annual revenues on interest expense, but only because the average interest rate is quite low. If interest rates rise to 2.2%, their interest expense will consume 80% of the government revenues.”
Reader Bob G. suggested this: The Four Big Risks Massive Money Has Brought to the U.S. Economy
The price of Austerity in Italy: Homemade Bread
The Feds Seized Another Bitcoin Site.
Items from The Economatrix:
18 Signs That Massive Economic Problems Are Erupting All Over The Planet