Economics and Investing:

Premier Bank is the sixth FDIC-insured institution to fail in the nation this year, and the first in Colorado. – G.G.

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China lost the equivalent of 14 Greeces over the last month: Why the actions of banning short selling and punishing the market taken by the Chinese government will backfire.

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Items from Mr. Econocobas:

Greek Deal in Sight as Germany Bows to Huge Global Pressure for Debt Relief

Greece’s Tsipras to Sell Austerity Deal to Reluctant Party – We are truly living through some crazy weeks here globally from an economic perspective.

With Cash Fast Running Out, Greek Bank Failures Loom