Economics and Investing:

Michael I. recommended this great article: The Long, Long Depression. Michael’s comment: “This is by a National Review writer who predicts a two decade depression.  He discusses similarities with the 1873 depression.”

Reality check: Mt. Washington Parking Space Assessed At Nearly $300,000

Verizon reverses on $2 fee for one-time payments

Chinese financial bubble update: China eclipses US as top IPO venue.

Four Risky Places To Swipe Your Debit Card

Items from The Economatrix:

You Thought 2011 Was Tough?

NASDAQ Wraps Up 2011 In The Red (But then we read: Gold’s 10 percent gain in 2011 extends run to 11th year.)

Investors Got A Mixed Bag In 2011

Wall Street Back At Square One, With S&P Flat For 2011

Grim 2012 Economic Outlook