Economics and Investing:

Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy? – B.B.

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Suicidal Credit-Based Money System

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Items from Mr. Econocobas:

Video: David Stockman On Fox: How Washington Is Sowing The Whirlwind

Bring Your Own Bed Sheets—–Athens Has Strip-Mined Every Dime Of Cash From Greece’s Health Care System – The Greek government is delusional thinking that its socialist agenda of government run healthcare is going to function in an already bankrupt country.

Greece Hasn’t Got the Money to Make June IMF Repayment – While the situation is getting dire, I still expect a last second deal to be made because the EU can’t let the cat out of the bag and Greece knows that. They are both playing with their lives, and it’s a matter of who will blink first. Perhaps no one does, and may the Lord help us all if that happens; I would not suspect there to be any containment.

Hot Dog Price Jump Shows Poloz’s Inflation Quandary – For our friends north of the border