Economics and Investing:

Reader Scott M. sent us this: “No Way Out” of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall

Welfare State: Handouts Make Up One-Third of U.S. Wages. (Thanks to Pierre M. for the link.)

Will China’s ‘Have-Nots’ Be Next to Rebel?

Items from The Economatrix:

US Wants To Take Your Dollars And Replace With Coins

Financial Dismantling Of The American Middle Class  

Physical Silver is Really $50 Per Ounce  

People Of Earth:  Prepare For Economic Disaster  

Bank Stocks Push Indexes Higher; Oil Prices Dip  

Beyond Libya, Oil Market Warily Eyes Saudi Arabia