Economics and Investing:

Chad S. sent this: Get ready for 65 percent tax rates.

Also from Chad: “You could be running out of time to buy gold”

The folks at The Daily Bell linked to this piece over at Seeking Alpha: High Gold Prices: It’s the Oil, Stupid

Items from The Economatrix:

Signs of Life in Stores as Holiday Shopping Begins

Food Banks Nationwide Report More First-Time Users

Russia to Invest in Canadian Dollars

Recession “Is Even Worse Than Feared”

Dubai Bankruptcy is a Taste of Things to Come. Global intervention has only bought us time

Dubai is a Harbinger of Things to Come for Sovereign Debt

Dubai Tries to Stem Investor Panic

FDIC Reports the Biggest Drop for Business Loans on Record

Credit Card Monopoly: Five Banks Hold 60% of Credit Card Debt