The World Economy Is Collapsing Right In Front Of Our Eyes -- Episode 201
Economy | Information | History | Online | Facts | World | Global | Money
Get economic collapse news throughout the day visit http://x22report.com More News http://thepeoplesnewz.com Europe is starting to crumble, the Eurozone has double digit unemployment huge amount of debt and many countries in the Eurozone have no growth at all. US confidence is falling and retail sales are plummeting, stores like JC Penny, Sears, Macy's, Walmart are predicting a horrible holiday season for retail. On Nov 1 those who receive food stamps will have a reduction in the amount they receive. This reduction could spark riots across America, something the Government would like so they could declare martial law. Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
Comments
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You name Detroit and Memphis as failing. They are full of pigeons.
Pigeons cannot exist without those who produce. -
Compulsory health care insurance is another corporate gambling table that is rigged a sure winner to the disadvantage of the citizen/policyholders. Starts with a low premium then RISES EVERY fng YEAR. It is a government-created scheme to PRIVATISE what should be the job of the Department of Health. There should be enough taxes collected from companies to fund peoples'/workers health care. Afterall, companies are usually what expends peoples' health. It's basic user-pays principle.
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YEAH ? ...
.REALLY ? .
COLLAPSING huh ? .
Oooooh. . spooky ! -
We are seeing one of those great transitions in human society brought on mainly by technological change. Unfortunately at a time when jobs are needed we are seeing more and more jobs made redundant through rapid advances in all technologies.
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The markets can stay irrational longer than most of us can stay solvent but someday soon the doo doo is going to hit the fan.
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Tao
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Bread, meat, fruits- enough food for the next week and have enough to spare to pay my taxes, as a student.
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X-22 is an excellent site.
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Last year I was in the hospital suffering from heat exhaustion. The hospital personnel gave me a battery of routine tests and I was released after a 24-hour stay. My hospital bill was TWENTY-THOUSAND dollars. TWENTY-THOUSAND !
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As a youth my father earned enough money at one single job to give me a house, clothes, a car and put me through college. I went to restaurants and movies. Now I live in a one bed room apartment surviving on government benefits, food stamps, medicaid, utility bill vouchers, obamaphone. My B.A. and M.S. are worthless. My computer skills are worthless. My self-learned Spanish is worthless.
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Since 1970 there has been nothing but s...t jobs offered. Slave wages. Nasty supervisors. Inevitable firing months, weeks, even days into a job. Even temp agencies (which have always been scam artists) have no assignments at all. Nopw all these crap jobs are disappearing with nothing decent in the way of good jobs with living wages being created at all.
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Credit card debt in the U.S. is EIGHT HUNDRED BILLION dollars. Student loan debt in the U.S. is ONE TRILLION dollars. The true unemployment rate (Shadow Statistics) is 22%. The EMPLOYMENT rate is a monstrous 60%. 50 million Americans are on food stamps. 52 million lack health insurance. 50% of all employees receive slave wages.
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The October jobs report was 130,00 new jobs. The number of young people each month entering into the job market for the first time in their lives is 150,000. That's 20,000 jobless youths INCREASING every month. 90% of all these jobs are PART TIME jobs. Nobody can survive at a part-time job that pay $9 a month. NOBODY!
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Uh oh. Office Max and Office Depot just merged. That means more money for the board of directors and thousands of employees laid off.
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In 1995 I averaged 6 months at each full-time job I worked at. By 2008 I averaged THREE WEEKS at each PART-TIME job I worked at. Now I've been unemployed for five consecutive years. And, naturally, not any of the fifty jobs I worked at since 1990 paid more than $300 a week take-home. NOT ONE.
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Sixty million U.S. jobs automated since 1964. ONE HUNDRED million U.S. will be automated between now and 2050 A.D. The buying of the U.S. wage has not gone up in 45 years (1968). U.S. employers MAKE MONEY by automating jobs.
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He's just a feel good pawn and in way over his head. They have a thousand more right behind him. They knew GW was an idiot too.
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Brother Nathanael was right.
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The Zionist world bankers created this mess. From the federal reserve , the military industrial complex to Goldman Sachs and the like . We have been jewified.
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Obama must be assassinated hopefully someone crazy enough reads this and gets the job done
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