Economics and Investing:

Guess who holds even more US debt than China or Japan. – G.G.

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Ron Paul on CNBC: ‘The whole system is built on fractional reserve banking, accumulation of debt, and malinvestment….Things are very, very fragile.’

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From our friends Frank and Fern: Negative Interest is Here

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Items from Mr. Econocobas:

Why Is WalMart Mysteriously Shuttering Stores Nationwide For “Plumbing Issues”? – Not sure there is really anything to read into or not, but it’s interesting none the less.

Greece Running Out of Time as Officials Draw Contingency Plans

Draghi’s Deranged Paranormal: European Banks Paying Borrowers To Buy Homes

Video: Ron Paul – The Dollar is In a Huge Bubble