Economics and Investing:

The ever-cheery Amrose Evans-Pritchard reports: The horrible truth starts to dawn on Europe’s leaders. JWR Adds: They may have to Punt on this one! (Ireland may be ejected from the Euro confab, shortly, and revert to independently issuing the Punt Éireannach. Major financial and currency chaos to follow, no doubt.)

Brian B. was the first of several readers to mention this: Max Keiser tells the world to Crash JP Morgan, buy silver. Even if doesn’t squeeze the short sellers, every family should acquire some silver.

$53,957 in Circulation for Every Ounce of Gold

Why the Irish Crisis is Going Global.

Dr. Ron Paul: The World Shorts the Dollar

B.B. highlighted this one: Euro Zone Anger at Germany Boils Over

Let them eat cheese: Irish government hands out block of cheddar to every family. (Thanks to J.B.G. for the link.)

Items from The Economatrix:

Fed’s Second Round of QE Draws New Fire in Open Letter from Economists

Ireland Has Lost Sovereignty – Now Owed By EU  

Ireland Told:  Take EU Bailout or Trigger Crisis  

Contagion Hits Portugal as Ireland Dithers on Rescue  

Foreclosure Class Actions Pile Up Against Banks  

Report:  Foreclosure Mess Could Threaten Banks