Economics and Investing:

Dr. Paul Craig Roberts: Recovery or Economic Collapse? Bet on Collapse — The Financial Crisis Could Destroy Western Civilization

Using the young as a shield for hitting the deficit spending wall – the bill will come due for the young. Government spending prioritizes old American immediate needs and will send the bill to the young.

Merkel Heads for Debt Showdown with Hollande at EU Summit

David Stockman: We are Coping With the Crash of a 30-Year–Long Debt Super-Cycle

Items from The Economatrix:

War-gaming Greek Euro Exit Shows Hazards in 46-hour Weekend (Reader Sue C. noted about this same article: “The interesting thing is the ‘behind-the-scenes’ preparations for a civil breakdown scenario.”)

Oil Drops On Iran Talks, Brimming U.S. Supply

Wall Street Finishes Flat In Late Reversal

European Debt Crisis Concerns Jolt Commodities

Gold Sinks 1.8% as Greece Worries Lift Dollar