Tuesday 13 January 2009


Our Collapsing Economy 
According to the Bureau of Labor Statistics, nonfarm payroll employment declined by 3,445,000 from December 2007 through December 2008. The collapse in employment is across the board.

• Marc Faber: “I Think it Might Be Far Worse [Than the Great Depression] Precisely Because of the Interventions” by the Government 
• U.S. Economy May Shrink 1.5% in 2009 as Recession Stymies Fed 
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