Economics and Investing:
I recently bookmarked the Total Investor blog. It is has become my favorite aggregation sites for economic and investing news. Yesterday, they featured a video clip: Marc Faber On CNBC: “Marc Faber is expecting an ‘ultimate crisis’ that will ‘clean the system. ‘If you pump money into the system and you create large fiscal deficits, you create volatility,’ Faber said’” Items from The Economatrix: Making Sense of Second Quarter Earnings, So Far “As you can see, a consumer retrenchment is happening here. And in my opinion, that is an even bigger story than the individual earnings reports or big profits …