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8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default

[This is a syndicated post. Read the original atThe Economic Collapse.]

The global financial system is not a game of checkers.  It is a game of chess.  All over the world today, news headlines are proclaiming that this new Greek debt deal has completely eliminated the possibility of a chaotic Greek debt default.  Unfortunately, that is simply not the case.  Rather, the truth is that this [...] Continue reading

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10 Signs That America Is Decomposing Right In Front Of Our Eyes

[This is a syndicated post. Read the original atThe Economic Collapse.]

The decay of society is so much harder to quantify than economic decline is.  The government keeps lots of statistics on things like unemployment and inflation, but it really does not keep track of how sick and twisted people are becoming.  Most of us recognize that the character of the American people has changed dramatically [...] Continue reading

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The Price Of Gas Is Outrageous – And It Is Going To Go Even Higher

[This is a syndicated post. Read the original atThe Economic Collapse.]

Does it cost you hundreds of dollars just to get to work each month?  If it does, you are certainly not alone.  There are millions of other Americans in the exact same boat.  In recent years, the price of gas in the United States has gotten so outrageous that it has played a major factor [...] Continue reading

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20 Signs You Might Be A Typical American Worker

[This is a syndicated post. Read the original atThe Economic Collapse.]

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Once upon a time, anyone that was relatively competent and willing to work hard could go out and easily get a job that would enable that person to financially support a family.  Unfortunately, that is simply no longer true anymore.  Well paying “middle income jobs” are being rapidly replaced with “low income jobs” and part-time [...] Continue reading

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Many Of You Will Not Believe Some Of The Things Americans Are Doing Just To Survive

[This is a syndicated post. Read the original atThe Economic Collapse.]

You might not want to read this article if you have a weak stomach.  Most Americans have absolutely no idea what is going on in the dark corners of America, and when people find out the truth it can come as quite a shock.  Many of you will not believe some of the things Americans [...] Continue reading

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A Warning Sign For The World

[This is a syndicated post. Read the original atThe Economic Collapse.]

Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things our economy would immediately ground to a halt.  Unfortunately, no debt bubble can last [...] Continue reading

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20 Things We Can Learn About The Future Of America From The Death Of Detroit

[This is a syndicated post. Read the original atThe Economic Collapse.]

Do you want to know what the future of America is going to look like?  Just check out what is happening to Detroit.  The city of Detroit was once one of the greatest industrial cities in the history of the world, but today it is a rotting, decaying, post-apocalyptic hellhole.  Nearly half the men are [...] Continue reading

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Why Are Record Numbers Of Young Adults Jobless And Living At Home With Mom And Dad?

[This is a syndicated post. Read the original atThe Economic Collapse.]

In the United States today, unemployment among those age 18 to age 34 is at epidemic levels and the number of young adults that are now living at home with Mom and Dad is at an all-time high.  So why are so many of our young adults jobless?  Why are record numbers of them unable [...] Continue reading

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This Is What An Economic Depression Looks Like In The 21st Century

[This is a syndicated post. Read the original atThe Economic Collapse.]

Do you want to see what a 21st century economic depression looks like?  Just look at Greece.  Once upon a time, the Greek economy was thriving, the Greek government was borrowing money like there was no tomorrow and Greek citizens were thoroughly enjoying the bubble of false prosperity that all that debt created.  Those that [...] Continue reading

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10 Things That Every American Should Know About The Federal Reserve

[This is a syndicated post. Read the original atThe Economic Collapse.]

What would happen if the Federal Reserve was shut down permanently?  That is a question that CNBC asked recently, but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching [...] Continue reading

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Why Is Global Shipping Slowing Down So Dramatically?

[This is a syndicated post. Read the original atThe Economic Collapse.]

If the global economy is not heading for a recession, then why is global shipping slowing down so dramatically?  Many economists believe that measures of global shipping such as the Baltic Dry Index are leading economic indicators.  In other words, they change before the overall economic picture changes.  For example, back in early 2008 the [...] Continue reading

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Yes, It Is Halftime In America – So Now Is The Time To Get Your Financial Priorities In Order

[This is a syndicated post. Read the original atThe Economic Collapse.]

Did you see the Chrysler commercial featuring Clint Eastwood that aired during the Super Bowl the other night?  It was entitled “It’s Halftime In America”, and it was truly a great ad.  To me, it was the most memorable Super Bowl ad this year by far.  It conjured up images of the America that so [...] Continue reading

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The Financial Crisis Of 2008 Was Just A Warm Up Act For The Economic Horror Show That Is Coming

[This is a syndicated post. Read the original atThe Economic Collapse.]

The people out there that believe that the U.S. economy is experiencing a permanent recovery and that very bright days are ahead for us should have their heads examined.  Unfortunately, what we are going through right now is simply just a period of “hopetimism” between two financial crashes.  Things may seem relatively stable right now, [...] Continue reading

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I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?

[This is a syndicated post. Read the original atThe Economic Collapse.]

On Friday, the entire financial world celebrated when it was announced that the unemployment rate in the United States had fallen to 8.3 percent. That is the lowest it has been since February 2009, and it came as an unexpected surprise for financial markets that are hungry for some good news.  According to the Bureau [...] Continue reading

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The United Nations Wants To Crash The World Economy In Order To Save The Environment

[This is a syndicated post. Read the original atThe Economic Collapse.]

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The United Nations says that the earth is in great danger and that the way you and I are living is the problem.  In a shocking new report entitled, “Resilient People, Resilient Planet: A Future Worth Choosing” the UN declares that the entire way that we currently approach economics needs to be changed.  Instead of [...] Continue reading

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