[Kartographer]

There is also this:

#3 According to the Wall Street Journal, there are 5.5 million Americans that are currently unemployed and yet are not receiving unemployment benefits.

And this number is growing by thousands everday. Soon there are going to be a lot of very desperate people with no where to turn, especially when the states start cutting back on their assitance because of their own growing monetary problems.

[unkus]

We’re living on borrowed time.

[RC one]

We obviously need more smoke and bigger mirrors.

[Little Pig]

A lot of the “facts about the economy” that this guy cites are not fundamental facts, but rather current-events items which are not related to why the economy is in the shape it is (one example: the Mississippi flooding, which while bad, has nothing to do with why the economy went down the toilet 2 years ago). Other “facts” he lists are thinly-disguised attacks on “big business”; you know, the ones that would be trying to hire people if everyone wasn’t constantly bashing them and demanding that they be punished.

[goodnesswins]

Well...#50 was interesting....

#50 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

[mmercier]

We are witnessing a controlled reduction of living standard in a massive armed population of individual contributors.

The key to this process is to accomplish such without violence on mass scale, especially violence directed at our elite.

At this point, things are working out quite well.

[Olog-hai]

Number 34 is incomplete.

---

#34 The European debt crisis could cause a global financial collapse like the one that we saw in 2008 at any time. The world economy is incredibly interconnected today, and the United States would not be immune. A recent IMF report stated the following about the growing sovereign debt crisis in Europe....

Strong policy responses have successfully contained the sovereign debt and financial-sector troubles in the euro area periphery so far. But contagion to the core euro area and then onward to emerging Europe remains a tangible risk.

---

The missing dimension is this: the ECB exists only to serve Germany's interests. It's a copy of the Bundesbank, writ large over the Eurozone.

Back during the "happy days" before the 2008 meltdown (starting in 1999 when the euro first came out), the ECB held interest rates at around 2 percent to allow Germany to rebuild and stabilize its economy. That made US treasuries look far more secure, so the US got quite a bit of investment out of that. Once Germany's economy was where they wanted it to be, the ECB started raising interest rates incrementally starting from 2005 to 2008; the effect was the higher interest rates attracting investment towards Europe and away from the USA. The eighth time they raised the interest rates is when the bottom fell out and stock markets around the world fell apart. After that of course, all the bailouts happened in the EU—and the ECB is not as magnanimous as the USA; they hammer the recipients with very draconian terms and conditions, that mirror the "Stability and Growth Pact" in the Treaty of Lisbon, where eurozone members had to agree to keep inflation below 3 percent (not a single eurozone member has done this; even Germany's at 6 percent).

Just recently, the ECB started raising interest rates again—so watch out for more trouble.

[bgill]

#16 Most Americans don't realize how much the U.S. dollar has been devalued over the years. An item that cost $20.00 in 1970 would cost you $115.93 today.

I did not have any hesitation spending $20 in 1970 but other than a major grocery shopping trip, I would have definite concerns justifying $115 today.

#21 Speaking of J.P. Morgan, most Americans don't realize that they are actually the largest processor of food stamp benefits in the United States. In fact, the more Americans that go on food stamps the more money that J.P. Morgan makes.

Soros used to have large holdings in J.P. Morgan and was once slated to be Chairman of the Board. He's supposedly sold off a good portion but who knows for sure. His lackey, the usurper, is doing a great job of bringing more into the welfare system so there's something in there to think about.

#24 Only 66.8% of American men had a job last year. That was the lowest level that has ever been recorded in all of U.S. history.

How many jobs did non-citizens hold?

#32 America's real estate crisis just seems to get worse and worse. U.S. home prices have now fallen a whopping 33% from where they were at during the peak of the housing bubble.

Yet, my property taxes have risen 31% since 2005.

[AmericanInTokyo]

Import LOTS of [cool as a cucumber in the face of adversity] Japanese.

To thin out the possibility of widespread riots and panic. Replace illegals from Mexico and Latin America with them.

America would be glad it did.

[Savage Beast]

"There are millions upon millions of Americans that are sitting at home on their couches right now wondering why they lost their jobs and why nobody will hire them."

"...wondering why it seems like their wages never go up but the price of food and the price of gas continue to skyrocket."

Yes. They are called Democrats and they are stupid.

The rest of us KNOW why.

[MeneMeneTekelUpharsin]

Interesting....so, what happens next?

[Cringing Negativism Network]

#1: Tariffs.

#2: Tariffs.

#3: Tariffs.

Buy American. Bring back American factories. Bring back American jobs.

Or we’ll cease to exist.