Economics and Investing:

U.S. exports at risk as bird flu hits heart of poultry country. – P.M.

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In the decades leading up to World War I, despite some barely-sane leaders running barely-functional institutions, inflation was never an issue. Money saved was wealth preserved, and global capital flowed freely.

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Items from Mr. Econocobas:

The Debt Ceiling Debate Returns and So Does the Trillion Dollar Coin

Patience with Greece Running Low after Tough Week

Rig Count Drops For 14th Week In A Row, Fastest Rate In 29 Years

Dead-Cat-Bounce Dies (Again) – Stocks Plunge As EURUSD Breaks Below Crucial 1.05 Level