Economics and Investing:

America’s Pension Problem – A story of two ants.

o o o

China Is Hoarding Crude At The Fastest Pace On Record

o o o

Apple reports first revenue decline in 13 years – Sent in by RBS

o o o

Costco likely to raise annual membership fee – They still rate higher than their rivals, but they are obviously feeling the squeeze of this non-recession recession. They did, however, leave the door open to not raising the fees if they need to avoid it due to the competition.

o o o

Dollar Stores Defy Retail Headwinds – In the meantime, Dollar stores are beating Walmart at its own game– importing and selling cheap Chinese junk– but doing it in neighborhood stores rather than mega-stores. But if Walmart is propped up by the government (via welfare), how much more so will these stores feel it?

o o o

SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.