Economics and Investing:

Faber: Fed’s QE Causing ‘Colossal Asset Bubble’ (Thanks to B.B. for the link.)

Andre D. sent: Down and out: the French flee a nation in despair. Mike Williamson wrote to mention that it is pitiful to see young Frenchmen actively seeking job experience in Vietnam, because of the relative economic freedom versus socialist France.

Also from Andre: Barroso in urgent push for extra €2.7bn Commission budget – EC no longer able to shoulder financial obligations, says parliament president

Items from The Economatrix:

Maguire Predicted Gold Surge – Now Says West Is Collapsing

The Frightening Reality About What Is Happening In The US. “[T]his morning one of the Chinese rating agencies downgraded the US.  This may not be seen as significant as one of the major rating agencies downgrading US debt, such as Fitch or Moody’s, but it lit the gold market on fire and tanked the US dollar…”

Blue Pill Of Debt Exchanges Temporary Increase In Debt For Inflation: Taking The Blue Pill Of A Fabricated World Addicted On Debt As US Standard Of Living Hits 10-Month Low.