Economics and Investing:

Pay off our debt? Not likely, say some. – G.G.

o o o

Ellen Brown: Big Banks Will Take Depositors Money In Next Crash

o o o

Russia is finally using all that gold they’ve been hoarding. On Thursday, the Central Bank of Russia announced that gold reserves dropped by $4.3 billion in just one week, reports Vesti Finance. – CDV

o o o

Items from Mr. Econocobas:

“These Are Astonishing Figures, Evidence Of A 1930s-Style Depression”

One-Fifth of Americans Don’t Plan to Pay Off Their Debt

Russia Set to Raise Main Lending Rate