Economics and Investing:
The Other Jim R. was the first of several readers to alert us to this article: We’re Screwed! ShadowStats.com founder John Williams explains the risk of hyperinflation. Worst-case scenario? Rioting in the streets and devolution to a bartering system. [Gee, what blog has Mr. Williams been reading?] YRC Has Until Yearend to Corral Bondholders, Avert Bankruptcy. Items from The Economatrix: Retailers Slash Prices After Christmas Shoppers Return to Malls, Looking for Deals Stores Hope Gift Cards Will Give Post-Christmas Lift Credit Crunch: Home Equity Lending Evaporates China Closer to Becoming World’s Second Largest Economy US Removes Caps on Fannie, Freddie …