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Economy - Economics USA

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Market-ticker.org

What they don't admit to is that they're simply pyramiding debt upon debt, goaded on by a tax system that has encouraged profligacy, immaturity and a mathematically-inevitable economic collapse.

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LRC Blog

S&P's President, Deven Sharma, is stepping down. It is written that "Mr. Sharma was leaving the firm to pursue other opportunities." So the Indian who brought the U.S. to its knees is paying the price. That happened quicker than expected.

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www.thedailybell.com

All week long we have been witnessing a breakdown in global markets, or perhaps better stated – general public confidence. Gee, why would that be, we wonder? Why is it that the general public is not so easily convinced that all will be okay?

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lifehacker.com

This week we learned a few tricks for surviving a bad job, removed forgotten security tags from our clothing (without ruining our stuff), learned all about how to make the most of our routers, and more. Here's a look back.

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lewrockwell.com

Loss of confidence in the dollar is accelerating and it effectively sits now on what amounts to a trap door. US debt downgraded by S&P was a big story.

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Market-ticker.org

If it turns out that this is insider trading on material non-public information and BofA collapses - it is time for every American to cease working and go sit in Washington DC on the Mall - and refuse to leave until the FOMC, Treasury and Obama...

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Businessinsider.com

Notice that with Rosie’s combined index where it is today, we are either at the beginning of a recession or already in one. And the Philly Fed Index is consistent with a 90% chance of a recession.

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CalculatedRiskBlog.com

The survey found that for many Americans, the foundation of their retirement strategy is simply not to retire, to work considerably longer than the traditional retirement age, or work in retirement:

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Caseyresearch.com

The situation is completely out of control – the U.S. financial house of cards is irredeemable at this point, even with interest rates at close to zero. The whole financial structure is close to collapse, and that’s why I think we’re exiting the eye

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Market-ticker.org

This nation deserves an all-on economic and political collapse. I don't want to see one, as I know that what comes from it will be horrifying, but we have no argument at a moral, ethical or for that matter Biblical level for avoiding it any longer.

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lewrockwell.com

So, Doug London has suffered more damage from recent rioting than from anything else since the Blitzkrieg; the stock market had its most volatile week in years; gold shot well north of $1,800; and the U.S. government almost crashed into its debt ceil

PirateBox.info