Economics and Investing:

From Eric in Tennessee: China ‘worried’ about US Treasury holdings. Reader Kyle D. sent the same link. Kyle quipped: “At least they didn’t say the dreaded ‘D’ word: Default.”

The Other Chris sent this: Homeowners See U.S. Taxes Rise as Property Values Sink Amid Deficits. “Gee, Wally, if property values are declining, shouldn’t our taxes be going down?”

Courtesy of Jay, comes: Glenn Beck’s The Inconvenient Debt. Jay’s comment: “[In this video segment,] there is great chart presented by Glenn Beck on the US money supply since 1929. It is shocking.”

DD forwarded this from MSNBC: Investors and homeowners woes continue

From Alan: Insurance “Guarantee Funds,” Another Mirage?

This was linked at The Drudge Report: In recession economy, students look to funeral careers

Items from The Economatrix:

Will The Stock Market Rally Stick, or Vanish?

Chrysler Faces July Cash Crunch Even with More Aid

G-20 Pledge Sustained Action on Financial Crisis

Fear Still in Focus After Strong Rally

Tight-Lipped US Firms Pay for Their Silence: Study

China Stimulus Hopes Push Up of World Markets

Bailout Money is Flowing Abroad

China’s Warning to the US: Honor Your Commitments

Obama: Crisis Not as Bad as We Think

Foreclosures Just Keep on Rising