Economics and Investing:

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City drowning in rubbish: 10,000 TONS of waste pile up on streets of Marseilles in chilling echo of British ‘winter of discontent’

Items from The Economatrix:

Pension Age Increases to Get Far Worse

Default or Hyperinflation: The US’s Only Two Options (The Mogambo Guru)

In 15 of Last 25 Months, The Treasury Needed to Borrow Money for Social Security Benefits

Gold Advances as Dollar’s Decline Spurs Demand for Alternative Investments

Soc Gen’s Albert Edwards: The US Public is About to Revolt