Economics and Investing:
Reader John S. spotted this: California is a greater risk than Greece, warns JP Morgan chief I found an article linked in a piece by Dr. Gary North that illustrates just how deep a hole the Federal government is digging: $126.9 Billion and Counting. The charts in Nathan’s recent blog piece tell a thousand words. This is no ordinary recession. We’ve fallen off a cliff. George Gordon spotted this: Gold Hits Record High In Euros, Pound. Items from The Economatrix: Ron Paul Discusses Coming US Collapse Jim Rogers: Pound Could Collapse Within Weeks Housing Recovery Looking Shakier than Expected Consumer …