Economics and Investing:

Roubini: Debt Nightmare Unfolding in Europe

The blame game is on: Bernanke Takes Aim at China

Governor Warns Cities May Go Bankrupt. (Thanks to B.B. for the link.)

The American Way of Life, As Things Fell Apart, Nobody Paid Much Attention.

Items from The Economatrix:

How Gold Performs During Periods of Deflation, Disinflation, Runaway Stagflation and Hyperinflation  

Debt Collectors Stalking, Publicly Humiliating People Through Facebook  

US In Terribly Dangerous Territory, Bond Market May Be Headed Toward Implosion  

Gold Investing:  A Bet Against The Idiocy of Money Creation (The Mogambo Guru)  

US Home Starts Drop More Than Forecast