Economics and Investing:

Italy’s tax hunters target super-rich and their yachts off the Sardinian

This was mentioned in SurvivalBlog about a year ago, but bears repeating: USA National Gas Price Heat Map. (Thanks to Ben N. for the reminder.) You will note that portions of the American West perennially have some of the lowest gas prices in the country. Also note the map’s red shading for California. The high prices are in part attributable to a recent refinery fire in Richmond, California, but they are mostly indicative of one of the many ways that California is attempting to balance its budget: on the backs of motorists.

Glenn Beck talks some serious economic gloom and doom. (Among other things, he mentions the $7 Trillion in G-10 debt and $700 Trillion (notional) in derivatives).

Items from The Economatrix:

Welcome To The Third World, Part 7:  Bye, Bye Public Services

Data Points To Lackluster Economic Growth

Wal-Mart International Growth Slows, Shares Fall