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IPFS News Link • Depression

Two Analysts Who Think We'll Soon Be Hunting Squirrels And Eating Cat Food

08/14/2009 • The Business Insider

To briefly summarize: Our collective debt is still vastly higher than it was in the early 1930s and in Japan in the 1990s. Consumers account for 70% of economic growth, and they're broke The banks are still insolvent, but they're now allowed to lie about it Recovering from crises like this takes years Collapse In The Wake of the Fed's Wall Street Bubble?, by Bob Chapman

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