Debt BUBBLE Will COLLAPSE Global Economy!
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Where the TRUTH is EXPOSED and SCANDALS UNCOVERED: http://truth.themoneygps.com ******************************************************************** The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan. Look Inside the Book!: http://book.themoneygps.com My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com PREPARE for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** Is Greece Really Back? At 27 percent, the unemployment rate remains alarmingly high, threatening the very fabric of society. The 58 percent rate of youth joblessness is particularly worrisome The official rate of unemployment during the Great Depression hit a peak in 1933 at 25% UNDER OBAMA, TEMP JOBS GREW 45%, MANUFACTURING SHRANK 3.2% General Motors to Invest $1 Billion in Brazil Operations Obama's education focus overlooks next financial contagion Sources: http://www.bloombergview.com/articles/2014-06-17/is-greece-really-back http://www.shadowstats.com/alternate_data/unemployment-charts http://www.breitbart.com/Big-Government/2014/05/22/Under-Obama-Temp-Jobs-Grew-45-Manufacturing-Shrank-3 http://www.laht.com/article.asp?ArticleId=320909&CategoryId=12396 http://www.cnbc.com/id/101367292
Comments
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Thanx David Keep up The Good Work
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I agree the economy is poor, but I don't think it's as bad as you make it out to be. It's certainly not as good as the government says either. I believe it's somewhere in between because while many people are struggling, there are also many people who doing very well. And while some parts of the country are doing poorly, some parts are doing well, so it's not so easy to gauge
As for your unemployment numbers, they mean nothing because you don't explain the methodology. Why trust you anymore than the government? You need to break down who is counted. I'm guessing that part time workers or temporary workers do not count as employed, but they work and get paid and should be partially counted. So you count them as a zero and the government counts them as fully employed. I think they should count as 1/2 employed. If 10 people are in a room and 5 work full time, 4 part time and 1 zero hours, then the government says this is 90% employed and you say 50%. My method would call this 70%. Forgetting that part of the equation I know for sure that your numbers are greatly exaggerated because doom and gloomers NEVER count the millions who work off the books for cash as being employed and doom and gloomers take it a step further by also NEVER even having the guts or honesty to even make mention of the millions who work off the books.
I view the government as the biggest liars, but also view doom and gloomers as at least partial liars or as deceptive. I like your channel and agree a great collapse might happen, or that America is on the decline, but I also understand that a collapse might never happen and that people who work hard and stay motivated can do well despite all the negatives -
Absolutely ridiculous...so the United States alters it's unemployment rate but not Spain? Or is Spain's real unemployment at 75% or something? A debt cannot be a bubble, and you don't even expand on why you chose this title. You say the United States drew itself out of the Great Depression because of it being an economic powerhouse but it was actually because of the massive spending from WW2. You keep insulting Fiat money when in fact everyone converted AWAY from it during the Great Depression because all it did was roadblock recovery. Fiat money gave everyone the chance to fix the economy; you want to move away from that!? Your message in this video was painstakingly scattered and lacked any real evidences. Again.
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The answer is to develop our oil and gas for sale , build the ports and ships to export it to Europe and China, pull our forces out of the middle east and let them destroy them self. We could pay off the 17 trillion in debt and return people to work.
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David is spot on. I can only speak for myself. I'm a trade worker. In 2007 I started learning a couple other trades because jobs were scarce. Now, I work week to week with different contractors. It used to be month to month or 3 and 6 month projects. I have good weeks and bad ones now. It is so unpredictable. I thank god I have some skills and some work.
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Thank you for this vid. What do you consider to be a "real asset"?
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