Economics and Investing:

Poor Americans carry a record level of debt leverage

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The Irrational Fear Of Deflation

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Items from Mr. Econocobas:

Draghi Prods Euro Area to Ready Ground for Economic Boost

Scotland Prepares For Bank Runs; ‘Quietly’ Sends Millions Of Banknotes North

The War on Poverty Has Been a Colossal Flop

The Fed’s Muddied Message Causing Market Mess – When your equity markets are dependent on two words, you know you’re in a heavily manipulated, fragile market.