Texas is feeling the pain of declining retail sales and many states are now feeling the same pain. Small business optimism declines to a 2 year low.More individuals renounce their citizenship because of FATCA. Baltic Dry Index rises on increase rates. The IRS is looking to higher debt collectors to get the outstanding taxes. Italy’s banks are collapsing and this will spread throughout Europe. IMF calls for action before the entire global economic system collapses.