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Economy - Economics USA

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Ritholtz.com

Hey, its Monday — and you know what THAT means: Let’s catch up with our old friends at the FDIC, and see who they’ve been wagging a finger at:

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EconomicPolicyJournal.com

“I don’t want to scare anyone but I am considering investing in barbed wire and guns, things are not looking good and rates are heading higher,” he said.

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godlikeproductions.com

U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day By Garfield Reynolds and Wes Goodman June 4 (Bloomberg) -- President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economi

News Link • Global Reported By Phennommennonn GLP
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TheAutomaticEarth.blogspot.com

The economy lost 226,000 jobs, while 493,000 people gave up even looking for a job. How does anyone, let alone the president, have the audacity to tell a nation its economy is getting stronger by the day while jobs are lost left, right and center?

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EconomicPolicyJournal.com

By the time, a country has debt equal to 90% of annual economic output, you know the impact is going to start to really hurt. Prior to crossing the Reinhart-Rogoff Line, government debt will still be suffocating to the economy...

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http://www.nowandfutures.com/key_stats.html

The simple addition of the unemployment rate to the inflation rate, as measured by CPI. Note that we have used the U-6 unemployment rate, since the more frequently used U-3 rate data series does not go back to 1900. Looks like 1934 again.

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CalculatedRiskBlog.com

What really makes the current period stand out is the number of people (and percent) that have been unemployed for 27 weeks or more (red line). In the early '80s, the 27 weeks or more unemployed peaked at 2.9 million or 2.6% of the civilian labor...

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AP

Stocks fell sharply today after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. The Dow Jones industrial average dropped nearly 250 points and fell below 10,000.

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CalculatedRiskBlog.com

"It is already ugly," said John Fareed, a partner at Fareed Zapala Koepke. "When it hits, it will be real and will position itself in the psyche of consumers who are getting ready to make vacation plans. It is going to have a huge impact...

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CalculatedRiskBlog.com

“Our members are experiencing unprecedented cancellations heading into their peak season, and this advertising campaign is critical to our economic survival,” said Carol Dover, president and CEO of the Florida Restaurant and Lodging...

www.universityofreason.com/a/29887/KWADzukm