Economics and Investing:

The Dollar Cannot Be Devaluated and Suicidal Bankers. When serious problems for the dollar surface, as they surely will, and the U.S. has little or no gold to fall back on, the U.S., with its back to the wall, may become a very dangerous entity in the world. Would it be possible for those running the U.S. to loose their heads and choose a suicidal nuclear war in response to a desperate economic situation? Does the destruction of the whole world matter to men about to take their own lives? Do suicidal bankers worry about the fate of the world? – J.W.

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Items from The Economatrix:

Home Sales Look To Be Slowing Down In Coming Months

Spotlight On The Economy: Consumers Spending Still So-So

U.S. Fourth-Quarter GDP Nudged Up To 2.6%

U.S. Jobless Claims Fall To Four-Month Low