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The ball is now in their court !
Societe Generale Bank analyst Albert Edwards said that consumers will hardly be able to keep the US economy afloat for long. The only thing that keeps the US economy afloat is the level of consumer spending, which accounts for about 70% of US gross domestic product. However, the US may soon lose this support.
Jim W. Dean - These targeted countries have their own "Bankster Pivot" going on, which the Western press has generally ignored, as it puts Western diplomacy under the harsh spotlight that reveals it to be a game for gangsters, where no prisoners are taken.
Andrea Wong and Liz McCormick at Bloomberg Five hundred and one thousand ruble notes are displayed in an illustration Friday, June 30th in Cambridge, Massachusetts. Russia's...
We stand at the precipice or the event horizon of the greatest economic transition that any of us have ever seen.
The main premise of Life After Growth: How the Global Economy Really Works - and Why 200 Years of Growth are Over is that global economic growth has ended. Western governments conceal this fact through debt creation, inflation and clever manipulation of statistical economic indicators. According to Tim Morgan, leading analyst at the London financial brokerage Tullett Prebon, economic growth ended in 2000 and the economy has been shrinking ever since.
There is wide political agreement that we need to do more to support our veterans and their families. A recent spectacular demonstration was the 326-90 vote in the House and 95-3 vote in the Senate to repeal the military pension cuts to veterans and active service members that were in the Ryan-Murray budget deal.