Economics and Investing:

K.F. submitted this article. It was written about a month ago but is very compelling: Facing the Next War: Financial Systems

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Items from Mr. Econocobas:

German Banks Told To Start Hoarding Cash

In The Past Year, The U.S. Added 360,000 Waiters And Only 12,000 Manufacturing Workers

Jim Rogers: There’s a 100% Probability of a U.S. Recession Within a Year. (Text with accompanying video.)

Items from Professor Preponomics:

US News

Which States Rely Most Heavily on Federal Spending (Mises Wire)

9 Charts Showing Americans Never Recovered from the Great Recession: If You are Wondering Why People are So Angry, Look No Further (My Budget 360)

National Debt(Just Facts) Excerpt: “Comprehensive and meticulously documented facts about the national debt. Learn about various measures of the national debt, contributing factors, consequences, and more.”

International News

Brazil’s Breakdown: “A Political and Ethical Crisis Without Precedent” (The Globe and Mail) Excerpt: “There are no precedents for any of this; there is only a national mood of bewildered anxiety.”

Venezeula’s Opposition is Calling for Foreign Intervention in the Country’s Political Crisis (Time)

Finland: The Sick Man of Europe? (BBC News) Excerpt: “The conclusions of Tuomas Mallinen, an economist at Helsinki University, are more stark: “The main blame on our economic woes should be placed where it belongs, namely on the euro membership.”

Our Pompous, Bigoted Elite Have Not Even Bothered to Consider the Case for Brexit(The Telegraph) Excerpt: “In the 21st century, the world order and financial systems dominated by the free West have been shaken more profoundly than at any time since 1945, and the people in charge do not know how to correct their own errors, or even admit them.”

Personal Economics and Household Finance

How a Slowcooker Can Save Your Family Hundreds of Dollars (US News & World Report)

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