Economics and Investing:
Items from Mr. Econocobas: Dow Tumbles Nearly 400 Points on China Worries- Dow and S&P Off to Worse Start Ever – I would expect a relief rally very soon, otherwise I don’t see how we don’t get a serious intervention by world central banks. Silver Seen Beating Gold as Ratio Rises to Near Historical Peaks– And we are not even talking about the historical average of around 16:1. Most Americans are One Paycheck Away from the Street Items from Professor Preponomics: US News Watchdog Says Government Agencies Ignore Billions in Savings (Taxpayers for Common Sense) Excerpt: “Agencies have a “too …