"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Top Ten Economies Are All Crashing: “Another Great Financial Crisis Has Begun”
Submitted by Melinda L. Secor on Mon, 2015-09-28 01:00
"So far, there hasn’t been a huge economic 'event' in terms of a stock market crash. The Fed’s actions have been very careful and general. The media has deflected focus on the long term effects of a market with total central bank intervention, even as the American dream sharply erodes away. The economies of the world are all tanking, the oil price is plunging, and the combined effects of bad economic decisions and real world performance is leading to consequences that will be severe, but may not be seen except in the long term view."
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