Yuan Gangming, a researcher at the Center for China in the World Economy (CCWE) at Tsinghua University, said the US government is currently in an abnormal post-crisis period, so increasing the scale of debt will be a long-term and regular measure before the country's economy is back on track.

So raising the debt limit would be good news for investors, but bad for China, the largest holder of US Treasury securities, he said.

"Although reducing US Treasury holdings seems like a choice, China will have to continue its investment, because, after all, we have very limited choices of investment," Yuan said.

Increase of gdp: tear down & then rebuild

http://www.zerohedge.com/article/guest-post-chongqing-largest-construction-site-world

war of currencies à gold gains

gold shelter

http://www.zerohedge.com/article/fmx-connect-explains-todays-comical-gold-move-near-record-highs

http://www.gizmag.com/motion-sensing-streetlight-system/19199/

http://www.gizmag.com/iphone-slr-mount-announced/19193/

http://www.gizmag.com/exposed-concrete-speakers/19190/

Congress will probably push this to the brink, but they will raise the debt ceiling before the country defaults. The first rule for most politicians is to get re-elected, and the easiest way to guarantee losing in 2012 is to throw the country back into recession. If that happened, I believe the voters would correctly blame the leaders of Congress, and I think Congress knows that too. Therefore it won't happen. I'm not worried and neither are investors.

Links to bonds

http://www.calculatedriskblog.com/2011/07/moodys-downgrades-ireland-to-junk-with.html

Graphite à solar panel

http://www.businessinsider.com/graphene-the-next-wonder-material-2011-7?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheMoneyGame+%28The+Money+Game%29&utm_content=Google+Reader

http://www.elementinvesting.com/investing_in_graphene.htm

http://www.freakonomics.com/2011/07/12/a-solution-to-car-accident-rubbernecking-setting-screens/#