Economics and Investing:
G.G. flagged this: Families hoard cash five years after crisis. [JWR’s Comment: Could it be that the collective conscious recognizes that the “recovery” is a charade? Not mentioned in precious meta;s saving, which is the norm in India, although actively discouraged by the government.] MasterCard joining push for fingerprint ID standard. (Thanks to H.L. for the link.) What the wealthy are doing to beat inflation Items from The Economatrix: The Biggest Drag on the Job Market Just Got Bigger Catastrophic Consequences of a U.S. Default Explained The Grand Financial Shift: Rich Own Assets While Poor And Working Class Deep In …