Economics and Investing:

Eric P. sent this from Der Spiegel: How Monetary Policy Threatens Savings A key quote: “Anyone who can afford it is seeking protection from inflation and fleeing to material assets.”

G.G. flagged this: Nine in ten Scots ‘living off state’s patronage’

Also from G.G.: The dollar’s days as reserve currency are numbered

Decline, Decay, Denial, Delusion, And Despair (Thanks to R.B.S. for the link.)

Items from The Economatrix:

The Largest Economy In The World Is Imploding Right Before Our Eyes

The Inflation Rate Is A Lie Too

People Are Flipping Out:  California Is On The Brink Of Collapse And Panic Is Quickly Spreading Through The Nation–Will It Be The Catalyst Of An Impending Market Crash

Economist Caution:  Prepare For “Massive Wealth Destruction”