Economics and Investing:

Top U.K. Economist Dumas: Euro Will Collapse. (Thanks to GG for the link.)

Also from GG comes some grim news from Forbes: The Global Debt Bomb: “If 2008 was the year of the subprime meltdown, 2010 will be the year entire nations start going broke.”

Trent flagged this: Why Americans should care about the debt crisis in Greece

Items from The Economatrix:

Identifying Sure Signs of the Final Economic Plunge

Banks Pull Another $1 Billion from Small Business Lending


One Million Americans Give Up on Job Searches

Chevron to Shrink Refining Business

Ship Engine Maker Warstila to Lay Off 1,500 Globally

Stocks Slide as Obama Calls for Tougher Bank Rules

Oil Tumbles as Stock Market Stumbles