Reader Dan D. recommended this piece by Simon Johnson: Europe Risks Another Global Depression

Commentary from Bill Pesek: Biggest Bubble in History Is Growing Every Day. He's anticipating big time currency inflation in east Asia. (Thanks to Auby for the link.)

Mike H. recommend this essay by Doug McIntosh, posted over at Steve Quayle's site: When the Gimmicks Fail

Items from The Economatrix:

Shell Downplays Prospect of Quick Recovery in Oil Demand Despite Profits Rebound

The Bernanke Reappointment: Be Afraid, Be Very Afraid

Planned Layoffs Rise for First Time Since July Economic Report

The Devaluation and Fight for Survival of the American Middle Class

Global Insolvency, How Will the US Service its Debt?

G-7 Seeks to Calm Global Markets, Sustain Rebound