Economics and Investing:

SurvivalBlog reader sent in this link: L. TODD WOOD: The day China says its currency is backed by gold (Washingtion Times)

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Meanwhile, China’s Selling Tons of U.S. Debt. Americans Couldn’t Care Less. (Bloomberg) Sent in by G.P.)

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Items from the Economics Team:

US banks build defenses against downturn (Financial Times – Requires login)

Obamacare’s Latest Casualty: Largest Colorado Exchange Abruptly Collapses (Zero Hedge)

Public Remains Wary of Federal Government’s Power (Gallup)