By Michael
What is going to happen when the greatest economic bubble in the history of the world pops? The mainstream media
never talks about that. They are much too busy covering the latest
dogfights in Washington and what Justin Bieber has been up to. And most
Americans seem to think that if the Dow keeps setting new all-time
highs that everything must be okay. Sadly, that is not the case at
all. Right now, the U.S. economy is exhibiting all of the classic
symptoms of a bubble economy. You can see this when you step back and
take a longer-term view of things. Over the past decade, we have added more than 10 trillion dollars
to the national debt. But most Americans have shown very little
concern as the balance on our national credit card has soared from 6
trillion dollars to nearly 17 trillion dollars.
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Showing posts with label the dow. Show all posts
Showing posts with label the dow. Show all posts
Saturday, May 25, 2013
America’s Bubble Economy Is Going To Become An Economic Black Hole
Etichette:
bubble,
credit card,
Debt,
derivatives,
economic bubble,
economic fundamentals,
economy,
Japan,
margin debt,
national credit card,
national debt,
stocks,
the dow,
U.S. economy
Wednesday, May 15, 2013
10 Scenes From The Economic Collapse That Is Sweeping Across The Planet
by Michael
When is the economic collapse going to happen? Just open up your eyes and take a look around the globe. The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet. Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest economies on the globe (China and Japan), and in most of the world economic inequality is growing even though 80 percent of the global population already lives on less than $10 a day. Just because the Dow has been setting brand new all-time records lately does not mean that everything is okay. Remember, a bubble is always the biggest right before it bursts. The next major wave of the economic collapse is already sweeping across Europe and Asia and it is going to devastate the United States as well. I hope that you are ready.
The following are 10 scenes from the economic collapse that is sweeping across the planet...
#1 27 Percent Unemployment/60 Percent Youth Unemployment In Greece
The economic depression in Europe just continues to get worse with each passing month. According to the Daily Mail, the unemployment rate in Greece has nearly tripled since 2009...
When is the economic collapse going to happen? Just open up your eyes and take a look around the globe. The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet. Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest economies on the globe (China and Japan), and in most of the world economic inequality is growing even though 80 percent of the global population already lives on less than $10 a day. Just because the Dow has been setting brand new all-time records lately does not mean that everything is okay. Remember, a bubble is always the biggest right before it bursts. The next major wave of the economic collapse is already sweeping across Europe and Asia and it is going to devastate the United States as well. I hope that you are ready.
The following are 10 scenes from the economic collapse that is sweeping across the planet...
#1 27 Percent Unemployment/60 Percent Youth Unemployment In Greece
The economic depression in Europe just continues to get worse with each passing month. According to the Daily Mail, the unemployment rate in Greece has nearly tripled since 2009...
Etichette:
Asia,
bubble,
China,
depression,
economic data,
economic depression,
economic inequality,
the dow,
the planet,
the united states,
Wall Street
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