Items from Mr. Econocobas:
Watch for U.S. Recession, Zero Interest Rates in China Next Year, Citi Says [1]
What Money Means [2] – This is actually an entire chapter from a new book called Prosper!, by the folks over at Peak Prosperity. Good read!
Video Interview: USA Watchdog – Chris Martenson [3] – Everybody Knows This Economy Is Unsustainable
Items from Professor Preponomics:
How Money Disappears from a Fractional Reserve Money System [4] (Mises Institute) An especially outstanding link for an article from the Mises Institute about how money disappears in a fractional reserve system.
U.S. Total Debt Soars to $674B in November [5] (Zero Hedge)
Puerto Rico Avoids Default on Over $350M in Bond Payments [6] (Market Watch)
Manufacturing is in RECESSION [7] (Business Insider)
Fed Officials Clammed Up Once Transcripts Were Released [8] (Market Watch)
Moody’s Says More Atlantic City Casinos May Close [9] (CNN Money)
Cost Delays Healthcare for One in Three [10] (Gallup)
America’s 20 Richest People Have More Money Than These 152 Million People [11] (Market Watch)
United Health Says It Should Have Stayed Out of Obamacare Longer [12] (Bloomberg)
United Health CEO Regrets Entering Obamacare Marketplace [13] (The Hill)