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Economics and Investing:

Thanks to reader GWC for this: U.K. Faced ‘Bank Runs, Riots’ as RBS and HBOS Neared Collapse

GG spotted this key data point: Hours worked plummets to all time low

Thanks to Damon for this news item: Venezuela inflation estimated at 26%, annually. (Prices were up 2.5% in September. But don't worry. Comrade Hugo has a plan.)

Mark G. found an interesting New York Times blog article: What Happened to Argentina?

Items from The Economatrix:

UN Calls For New Reserve Currency

Australia Rate Hike Good Sign for World Economy

National Retails Groups Forecasts Weak Holiday Season

Weak Dollar, Strong Stock Market Push Oil Higher

How the Dollar is Being Systemically Devalued Since the 1980s

Stiglitz: GDP Blinded Us to the Crisis

Report Questions Claims on Banks' Health

IG Report Finds Paulson, Bernanke Misled Public on Bank Rescues

Weak Dollar Drives Gold to Record High $1,043.20

Global Aging Population Financial Crisis Brewing

Weiss: Three Government Reports Point to Fiscal Doomsday

Soros Says "Basically Bankrupt Banks" Restrain US

US Rivals Plot to End Oil Trading in Dollars

Banks 1, America 0

The End of the Dollar Spells the Rise of a New Order

US Dollar Sinks After G7 Meeting

Peter Schiff: The "Recovery" That Isn't

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