USA 2008: The Great Depression

David Usborne, The Independent UK, reports: "We knew things were bad on Wall Street, but on Main Street it may be worse. Startling official statistics show that as a new economic recession stalks the United States, a record number of Americans will shortly be depending on food stamps just to feed themselves and their families."

http://www.truthout.org/docs_2006/040108T.shtml

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IMF Says U.S. In Worst Economic Crisis Since Great Depression
http://www.prisonplanet.com/articles/april2008/040208_great_depression.htm

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Recession warning by US Fed chief

Bernanke's testimony was a pessimistic assessment of the economy's prospects amid housing and financial crises.

http://tinyurl.com/33kty7



IMF warns of US recession

The International Monetary Fund has warned that the United States will tip into a "mild recession" later this year, with only a "gradual recovery" in 2009.

http://tinyurl.com/5ssf4g


From Information Clearing House



http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=food+stamps
http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=financial+crises
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=IMF
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=David+Usborne

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