Are We Experiencing Depression-Level Unemployment?
The government bandies around scary figures concerning rising unemployment. But those figures are still well below those suffered during the Great Depression.
• UBS Boosts '09 Gold Forecast to $1,000
• Obama's Stimulus Plan Will Screw You Over!
Prime Minister Gordon Brown said Wednesday that the world is in a full-blown
Yet another renowned economist and investor has declared that the U.S. is entering a full scale depression that will see gold prices more than double.
Our rulers are destroying the economy. Not little by little, as they usually do, but in huge swaths. Each great assault on the free market, whether it be denominated a bailout, a stimulus, or some other species of purported salvation, brings us visibly closer to the complete ruin of an economic order that required centuries to build.