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Economy - Economics USA

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ZeroHedge.com

The Administrative Office of the U.S. Courts reports that personal bankruptcy filings for the year ended June 30, 2010 surged to a five year high, hitting 1.57 million, a 20% increase from the prior year.

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The Real News Now

The Dollar Index has fallen for the 10th week in a row, worrying investors and economist all over the world. The data suggests US recovery efforts have yet to set a firm foundation in the worlds largest economy. What does this mean? It means the US i

News Link • Global Reported By The Real News
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ZeroHedge.com

Will their plan work? I think not, but I’m an optimist (no, really). The pursuit of total control and total power seems rather infantile to me, be it on an impressively psychotic level. Although, if we are made to forget who the real enemy is, then..

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Wall Steet Journal

Companies issued risky "junk" bonds at a record clip, taking advantage of keen investor appetite for returns amid declining interest rates and tepid stock markets. The borrowing binge comes as the Federal Reserve keeps interest rates near zero

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If the United States is not kaput it is certainly withering away even as a rich upper class enjoys all the things that money buys.  There is massive, widespread economic pain inflicting a huge fraction of Americans wh

Letters to the Editor • Global
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ZeroHedge.com

The fact of the matter is that the US economy, on a structural basis, is broken. Starting in the early ‘70s, we outsourced our manufacturing and began shifting to a services economy. We also outsourced our wealth to Asia, OPEC, and Wall Street.

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ZeroHedge.com

Florida is ground zero for Baby Boomer demographics. With 600 seniors for every 1,000 workers now, and the number trending inexorably higher, soon every employed person in the state will essentially have to adopt one senior to care for out of his...

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Reuters

Stocks closed out their worst week in six with a whimper on Friday, slumping toward the close as economic data gave little reason to reverse a string of sell-offs. In a thinly traded session, indexes posted their fourth day of losses though selling p

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The stock market took a tumble yesterday. The Dow fell 265 points after investors had a chance to ruminate about the Fed’s latest action. It wasn’t what the Fed did or said that discouraged investors. It was what it didn’t say and what it didn’t do.

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