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More Unexpected News: Inflation Rising Faster than Expected

February 18, 2010

In addition to the news on the ‘unexpected’ rise in new jobless claims, more economic news was released today regarding inflation, with producer prices rising at a rate of 1.4%.  Analysts were surprised.  However, it makes sense that when a government gets more and more involved in the economy, pumping trillions in through debt spending, [...]

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September 5, 2009

The August unemployment numbers came out Friday indicating that the USA is still hovering at a European 9.7% unemployment rate.  That’s the highest it’s been since 1983 and doesn’t include the people who’ve stopped looking for jobs or break it down into which segments of the population are being hit harder than others. The difference [...]

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Heading Towards a Bursting of the Government Bubble

April 27, 2009

Yesterday, April 26, was Debt Day, and it was the earliest debt day ever.  Debt Day is the symbolic day of the year that Congress runs out of money obtained normally through taxes and revenue, and the day that it has to begin financing its expenditures through debt.  This year, it is far earlier than [...]

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