Economics and Investing:

Reader H.L. suggested this over at Zero Hedge: It Begins: Monte Paschi “Bails In” Bondholders, Halts $650 Million In Coupon Payments

James Rickards: “When The International Monetary System Collapses—It’s Going To Be About How Much Gold You Have”

Items from The Economatrix:

Walmart Holiday Hiring To Outpace US Retail Industry

“Dr. Doom” Roubini Makes Case FOR The U.S. Economy

Why I’m Not Buying The Market’s Blind Optimism