SurvivalBlog reader B.B. sent in this jewel of an article calling the economy what it is: Ignore The Media Bullsh*T – Retail Implosion Proves We Are In Recession (The Burning Platform)
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Dollar Death Sentence (Daily Reckoning) Sent in by G.G. on the Economics Team.
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The Brutal Reality of Municipal Bankruptcy: Vallejo, California (Huffington Post)
Puerto Rico’s Severe Financial Crisis (The Puerto Rico Report)
Signal of Global Trade Collapse Coming From India (Zero Hedge) Sent in by T.A. on the Economics Team.
Items from Mr. Econocobas:
Capitalism Explained In 2015: “You Have Two Cows…”– This article is worth the read, if for nothing else than the ending updated illustration on two cows.