Economics and Investing:

Hollis wrote to mention that “John Galt” of the Shenandoah blog has completed his “The Day The Dollar Died” web novella.

Adrian sent us this: Argentina Seizes Central Bank.

GG flagged this one from Time magazine: How Big is the Threat from Option ARMs?

Items from The Economatrix:

FICO and the Credit Card Financial Prison: How a Three-Digit Credit Score Reflects Consumerism and Not Financial Independence

Boeing Sends More than 1,000 Layoff Notices

Citigroup Warns Customers it May Refuse to Allow Withdrawals

Fastest Shrinking Restaurant Chains

Stocks Waver in Early Trading on Earnings, M&A

Poll: Economists See “Healthy” Expansion Underway. (Cheery folk, those mainstream economists. They almost always look on the bright side…)

Oil Near $80 as Traders Eye Low Interest Rates

European, US Markets Steady Despite Big Asia Gains

Millions of Unemployed Face Years Without Jobs

So Where Did All The Money Go?

Greece Changes Chief Debt Manager as Pressure Grows