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Economy - Economics USA

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AP

The federal deficit hit $1.3 trillion for the just-completed budget year. That means the government had to borrow 37 cents out of every dollar it spent as tax revenues continued to lag while spending went up as the economy pulled out of recession.

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Free Patriot Presss

With the spot price of silver closing in on $25/ounce and gold nearing $1400/ounce and climbing, many people are thinking they should sell their metals. Instead, people should buy silver and gold, as the “price” will continue to climb because the val

News Link • Global Reported By Darryl W. Perry
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arclein

The statistics Williams uses are based on the original formulas the United States government used for years before they were changed to hide the economic meltdown Washington’s policies were creating. Some have accused the Social Security system as be

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Time magazine

Walmart has rolled back its rollbacks. Earlier this year, the retailer tried to spark sluggish U.S. sales by lowering its prices — already bargains — even further. One analyst called it "an initiative that screams: Price! Price! Price!" These rollbac

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Market-ticker.denninger.org/

A lot of big money around the world is going to drop the dollar and basically disenfranchise the US economy. This is not just a remark in passing, this means that the US economy goes belly up effectively and the dollar gets completely wiped out...

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arclein

Making loans to people who are uncreditworthy, because they’ll agree to pay you more, and that’s how you grow rapidly. You can grow really fast if you loan to people who can’t you pay you back

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Market-ticker.denninger.org/ & BusinessInsider.com

Non-commercial demand for dollars is collapsing in much of the global economy, in part because the Fed is transferring something like three quarters of a trillion dollars annually from individual and corporate savers to the Wall Street banks.

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LewRockwell.com

Will There Be a Second Revolution? - When the Dollar Crashes, Ron Paul might run - Mandated Dollar Destruction, Peter Schiff on quantitative easing and November 3rd - Silver Chopsticks and Rice, Stock up, and you could be very rich in 5-10 years, Ji

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CalculatedRiskBlog.com

Over the next three months, eight percent plan to increase employment (unchanged), and 16 percent plan to reduce their workforce (up three points), yielding a seasonally adjusted net negative three percent of owners planning to create new jobs...

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Financial Times

Google is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation that could provide an alternative to official statistics. Highlights how economic data can be gathered far more rapidly using

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The PPJ Gazette

Economists and entrepreneurs deal with reality—and from what I’ve been reading lately, quite different realities. I’m too simple to grasp parallel universes, so I’ve got to pick one to believe. Do I trust an economist that has studied job creation, o

News Link • Global Reported By Marti Oakley
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