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Economics and Investing:

Poor Americans carry a record level of debt leverage [1]

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The Irrational Fear Of Deflation [2]

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Items from Mr. Econocobas:

Draghi Prods Euro Area to Ready Ground for Economic Boost [3]

Scotland Prepares For Bank Runs; ‘Quietly’ Sends Millions Of Banknotes North [4]

The War on Poverty Has Been a Colossal Flop [5]

The Fed’s Muddied Message Causing Market Mess [6] – When your equity markets are dependent on two words, you know you’re in a heavily manipulated, fragile market.