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Economics and Investing:

Simon Black at Sovereign Man: The global financial system is now resting on a margin of 1.3% [1]

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Chart of the Day: Shanghai Stock Exchange Composite Index [2].

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MarcFaber Warns Americans of Economic Collapse [3]

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Reader D.S.V. recommended this piece: Taxing Churches Would Marry Church And State [4]

Items from The Economics Team:

The Next U.S. Recession Will Surprise Investors [5]

Give Your Grocery Shopping List an Extreme Makeover [6]

Glencore in Freefall as Analysts See Tougher Restructuring [7]

Glencore shares are getting obliterated and analysts say shareholders could lose everything [8]