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The United States: Headed For A Crash?

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This three-part article dates from last August but I don't recall seeing it posted here before ............

The United States: Headed For a Crash?

Experts warn that heavy debt threatens America

Growing debt has long been a concern in the United States, from individuals buying on credit to Washington budgets. But many economists are now warning that runaway spending and borrowing have the nation on track toward a major economic crash. The first in a three-part series, "Drowning in Debt," this story offers an overview of what many financial experts see as the gathering storm.

Special Report- Part One..................... continues

http://www.imdiversity.com/villages/global...ecialReport.asp

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Ben Bernanke, who recently left the Federal Reserve Board to serve as Bush's top economic adviser, has argued that the problem is not with the United States. The trouble lies overseas, where people want to save rather than invest or spend their money.

:lol::lol::lol:

Now I *know* that america is screwed. Up til now I was thinking maybe they had some plan, but blaming the rogue terrorist savers is not going to get them out of this.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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