Americans are buying tons of gold November 12 [1] Sent in by G.P.
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Despite their own economic woes, the Chinese continue to chip away at the U.S. dollar dominance on the world scene: China welcomes IMF backing to make yuan world reserve currency [2] – P.S.
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Items from Professor Preponomics:
Four U.S. Firms with $4.8B in Debt May Default at Any Time: Energy Sector Losses Continue [3] (Zero Hedge)
Social Security: The Long Slow Default [4] (Mises Institute)
Obamacare’s Co-op Failure Contagion [5] (Wall Street Journal)
ECB Says Further Policy Easing is Coming to European Markets Next Month [6] (Reuters)
Acceleration in the Upward Movement of Property Values: Projections for Home Values in the United Kingdom [7] (Business Insider)
Apple’s Chief Tech Exec Says Next Generation Won’t Know What Money Is [8] (The Telegraph)