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Economics and Investing:

Items from Mr. Econocobas:

China Welcomes IMF Backing to Make Yuan World Reserve Currency [1]

Car Loans Hit $1 Trillion for First Time [2]

Japan Relapses into Recession in July-September, a Blow to ‘Abenomics’ [3]

Items from Professor Preponomics:

Nordstrom: The Religion of Consumption Has Proven Unfulfilling [4] (Market Watch)

It’s Official. Obama Wants to Help You Manage Your Retirement Savings. [5] (Zero Hedge)

Jury Finds Ernst & Young Liable for Millions in Damages Related to the Madoff Ponzi Scheme [6] (Reuters)

Postal Service Tallies $5.1B Loss Even As Revenues Rise [7] (U.S. News)

100 American CEOs Have More Wealth Than 116 Million Americans [8] (My Budget 360)

Smaller Bonuses on Wall Street and 2016 Doesn’t Look Promising Either [9] (Business Insider)

12th Obamacare Co-op Closes After Receiving $71.5M in Taxpayer Funded Loans [10] (Daily Signal)

Managing Your Money the Old-Fashioned Way [11] (Clark Howard)

Save Money on Thanksgiving Dinner [12] (Frugal Living)

A Lighter, Simpler, More Beautiful Holiday [13] (Becoming Minimalist) Thought to Share: What a wonderful way to make Christ the focus this and every Christmas.