One more bubble to go

The American Prospect
by Jeff Faux

11/23/09

The word from Washington and Wall Street is that the worst is over. Sure, it will take a while for jobs to recover, for housing to come back, and for wages to rise. But we are definitely on the road to recovery from the biggest debt-bubble collapse since 1929. Maybe. There were actually two debt bubbles. One was driven by Americans borrowing against unsustainable inflation in housing prices. The other was driven by America borrowing against unsustainable inflation in the price of the U.S. dollar. One more bubble is left to pop. … The central threat here is not the currently rising federal deficit. … Rather, the core problem is the accumulating debt that the U.S. economy as a whole owes to the rest of the world, a result of a more chronic condition: 25 years of buying more in the global marketplace than we have been selling — and borrowing to make up the difference...

//www.prospect.org/cs/articles?article=one_more_bubble_to_go



The critical unraveling of US society

Amped Status
by David DeGraw

11/23/09

You may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. Before exposing the root causes of this breakdown, let’s look at some vital statistics and facts: (1) The inequality of wealth in the United States is soaring to an unprecedented level. The US already had the highest inequality of wealth in the industrialized world prior to the financial crisis. Since the crisis, which has hit the middle class and poor much harder than the top one percent, the gap between the top one percent and the remaining 99% of the US population has grown to a record high...

//ampedstatus.com/the-critical-unraveling-of-us-society


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=U.S.+economy
//freepage.twoday.net/search?q=financial+crisis
//freepage.twoday.net/search?q=bubble
//freepage.twoday.net/search?q=recovery
//freepage.twoday.net/search?q=federal+deficit
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=middle+class
//freepage.twoday.net/search?q=housing
//freepage.twoday.net/search?q=borrowing
//freepage.twoday.net/search?q=Jeff+Faux

World-News

Independent Media Source

User Status

Du bist nicht angemeldet.

Suche

 

Aktuelle Beiträge

To 'Hold Her Accountable...
https://outreach.commondre ams.org/Prod/link-tracker? redirectUrl=aHR0cHMlM0ElMk YlMkZ3d3cuY29tbW9uZHJlYW1z Lm9yZyUyRm5ld3MlMkYyMDIyJT JGMDElMkYyMSUyRmhvbGQtaGVy LWFjY291bnRhYmxlLXdoYXQtc2 hlLWRpZC1wcmltYXJ5LXNpbmVt YS1wcm9qZWN0LWdldHMtZ2Vhcg ==&sig=BsndLvzrgLLJgJhzNw5 RFaA31VPQrgXXv19PecoAREep& iat=1642809197&a=%7C%7C272 00540%7C%7C&account=common dreams27562%2Eactivehosted %2Ecom&email=qGK8eRbS61qpv UhRbWm%2BBGk20kkAZay2C%2FJ Nq%2BJ67FU%3D&s=9c8a79612b 6aecebec01881af57cfb9e&i=1 26A145A7A1908
rudkla - 22. Jan, 05:40
Republicans, Aided by...
https://truthout.org/artic les/republicans-aided-by-m anchin-and-sinema-are-ston ewalling-voting-rights-bil ls/?eType=EmailBlastConten t&eId=65a31acf-ac18-44d5-a abb-e0d923fa3aaa
rudkla - 18. Jan, 22:00
There Are Many Ways to...
https://truthout.org/video /there-are-many-ways-to-st eal-a-midterm-and-the-gop- is-laying-the-groundwork/? eType=EmailBlastContent&eI d=ba935838-977d-46b2-b9bb- 217a7d13359c
rudkla - 14. Jan, 05:43
Trump Is Still Casting...
https://truthout.org/artic les/trump-is-still-casting -himself-as-the-victim-to- keep-political-control/?eT ype=EmailBlastContent&eId= ba935838-977d-46b2-b9bb-21 7a7d13359c
rudkla - 14. Jan, 05:41
The U.S. Drops an Average...
https://truthout.org/artic les/the-us-drops-an-averag e-of-46-bombs-a-day-while- grandstanding-for-peace/?e Type=EmailBlastContent&eId =5c6738b8-494b-48dd-8180-8 8df9cc3a5d0
rudkla - 12. Jan, 05:14

Archiv

November 2009
Mo
Di
Mi
Do
Fr
Sa
So
 
 
 
 
 
 
 
 
 
 
 
 
 

Status

Online seit 6092 Tagen
Zuletzt aktualisiert: 22. Jan, 05:40

Credits


Afghanistan
Animal Protection - Tierschutz
AUFBRUCH für Bürgerrechte, Freiheit und Gesundheit
Big Brother - NWO
Brasilien-Brasil
Britain
Canada
Care2 Connect
Chemtrails
Civil Rights - Buergerrechte - Politik
Cuts in Social Welfare - Sozialabbau
Cybermobbing
Datenschutzerklärung
Death Penalty - Todesstrafe
Depleted Uranium Poisoning (D.U.)
Disclaimer - Haftungsausschluss
... weitere
Profil
Abmelden
Weblog abonnieren