Economics and Investing:

Collection nation: One out of three consumers have debts in collection over the past year. A total of 77 million Americans are having problems managing their debt. 22 million consumers have zero credit.

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Can We End Corporate Inversions, Simplify Rules, And Increase Tax Revenues?

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Items from Mr. Econocobas:

Choinomics – Breakthrough for South Korea?– More like a breakdown, this is more economic insanity out of governments and central banks

Dow Erases 2014 Gain Amid Global Selloff

S&P 500 Caps Worst Week in Two Years as Gold and Treasuries Gain