Economics and Investing:
SurvivalBlog reader sent in this article about Russia’s response to the oil crises and sanctions: Russia retreats to autarky as poverty looms Items from the Economics Team: China: Red Capitalism is the New Black Swan (Zero Hedge) U.S. Pensions Slowing Waking Up to Risk (Reuters) The Two Income Trap and the Myth of High Wages (My Budget 360) Puerto Rico: Another Bailout Coming (Zero Hedge) o o o Items from Mr. Econocobas: Peak Prosperity – Has The Market Trend Shifted From Bull To Bear? Debt Prioritization Bill Comes to a Vote as Borrowing Limit Looms – Every time the “debt …