great chart - We're Not The First Empire To Have A Serious Currency Problem - Gregory White and Kamelia Angelova -  Clusterstock at Business Insider

------------

interview highlights - Jeff Gundlach Sees 10Yr Treasury Rallying to 2.5% - Posted by Larry Doyle - Sense on Cents

------------

Let the Municipal Disaster Begin - At a spread of 314 bps, Illinois is trading at a very similar default rate to Portugal at 319 bps.  Somehow this headline has been overlooked. - Surly Trader
------------

Flexible Yuan's Impact On The U.S. - Rachel Ziemba, Natalia Gurushina and Arnab Das - Chinese policies could support the American Treasury market, commodities and risky assets. - Forbes

------------

Chart of the Day - Today's chart illustrates rallies that followed massive bear markets. For today's chart, a 'massive' bear market is defined as a decline of greater than 50% -

------------

Gold-Diggers in China say "Show me the House" - No House? No Car? ... No Marriage - Attitudes of Chinese women are one factor helping fuel the housing bubble in China. - Michael Shedlock - Increasing numbers of women insist on a new apartment and a new car as a condition of marriage. - MISH'S Global Economic Trend Analysis