Economics and Investing:

The ultimate tangible? Currency Devaluation in Belarus Causes a Run on Toilet Paper (Thanks to G.P. for the link.)

Housing Apocalypse Tomorrow – 675,000 homes in foreclosure have made no payment in over two years.

Consumer spending, income drop as inflation accelerates. (Thanks to C.D.V. for the link.)

Items from The Economatrix:

Gas Tanks Are Draining Family Budgets

Rising Consumer Confidence Lifts Stocks

April Consumer Spending Shows Weak Gain

Nine Ways That The World Has Gotten Even Crazier in May

50 Things Every American Should Know About the Collapse of the Economy

Glut of Foreclosed Homes Threaten Market

US Worse Off Financially than Euro Nations