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Economics and Investing:

Target To Cut Thousands Of Jobs, Eyes $2 Billion In Cost Cuts [1] – T.P.

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US running out of room to store oil; price collapse next? [2]. – G.P.

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Items from Mr. Econocobas:

“Spectacular Developments” In Austria: Bail-In Arrives After €7.6 Billion Bad Bank Capital Hole “Discovered” [3]

Video: Peter Schiff – Shocking Admission & Denial from Alan Greenspan [4]

Consumer Spending Drops for Second Straight Month [5]