Economics and Investing:

LTD sent a link to an article at Mish Shedlock’s site: L.A. Controller Says City Could Run Out of Cash by May 5th

Reader M.S.B. flagged this: Mighty America’s five stages of rapid decline; Jim Collins’ danger signals: But can we halt the collapse of capitalism?

Items from The Economatrix:

Fed Keeps Eyes Out for Speculative Bubbles

Job Openings Rise in Several Sectors in February

Stocks Trade in Tight Range After Financials Rise

Business Software Maker CA to Cut 1,000 Jobs