Economics and Investing:
Trent and J.D.D. were the first of several readers to send this: Faber and Mish: We’re Doomed and Washington Can’t Do Anything About It A.P. sent us some more gloomy news: World faces a day of financial reckoning Canadian dollar likely to trump US greenback: experts. More FDIC Follies: Four more banks bit the dust in the past couple of days. Items from The Economatrix: OPEC Raises 2010 Oil Demand Forecast US Sales Tax Rates Hit Record High US Dollar Gains as Rating Agencies Warn on Europe Toledo, Ohio Likely to Face “Fiscal Emergency” Robbing The Old to Pay the …