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Economics and Investing:

News headline from Wednesday: Markets Around The World Getting Smoked — Dow Falls Below 15,000 [1]

The mainstream investors catch on, belatedly: Gun collecting: Worthy investment or risky business? [2] (Thanks to H.L. for the link.)

Collapse Isn’t Coming -We’ve Already Begun [3] (an interview with David Quintieri that highlights the derivatives timebomb [4].)

Jim Kim of Fierce Finance asks: Is a credit bubble about to pop? [5]

Promises by one or more third party governments must have been made! Rhode Island-Based Firm Announces Bid For Massive Amount Of Outstanding Greek Debt [6]

U.K. gang steals $775,000 – on just ONE American Express Black card [7].

Items from The Economatrix:

Obama’s Appeasement Of China And Japan Is Wrecking The Recovery [8]

“False Recovery” vs. “Decline Of Failure”:  The Great Economic Debate [9]

Is The Housing Recovery A Sham? [10]