Links 7/24

• High frequency trading is a scam – Market-Ticker.  Best explanation I’ve seen.  ZeroHedge.com gets credit for exposing the issue.
• U.S. Home Vacancies Hit 18.7 Million on Bank Seizures – Enough to house population of U.K. (h/t Kedrosky)
• It’s the real economy, stupid – Sprott.  h/t ZH.  Entering depression.