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Economic Collapse American Riots Will Be The Worst In The World PLEASE PREPARE NOW http://networkedblogs.com/J7spH

Michael Snyder The mainstream media is absolutely giddy that the U.S. unemployment rate has hit a “four-year low” of 7.7 percent. But is unemployment in the United States actually going down? After all, you would think that it should be. The Obama administrationhas “borrowed” more than 6 trillion dollars from future generations of Americans, interest rates have been pu..

Venezuela: Economic and Social Performance Under Hugo Chávezby Jake Johnston and Sara KozamehBy Center for Economic and Policy ResearchGlobal Research, March 10, 2013Center for Economic and Policy ResearchRegion: Latin America & Caribbean 674 36 19 776Venezuelan president Hugo Chávez passed away after 14 years in office. Below is a series of graphs that illustrate th..

20 consequences of Hugo Chavez’s economic policies that led to povertyMarch 9, 2013 By Andrew Moran Leave a CommentThis week, Venezuelan President Hugo Chavez passed away at the age of 58 from a heart attack. The man, who was beloved and revered by society’s intellectuals, Hollywood celebrities and liberals, left behind a legacy that led to misery for his constituents, eve..

Systemic Collapse: A Brief History of Market Manipulationby grtvAs the major stock indices hit new record highs, many are left wondering how such a bull market can develop while the average worker faces layoffs, lower wages and rising costs. The answer presents itself in the documented, admitted and openly acknowledged manipulations of the markets by governments, central banke..

Video: What causes inflation?March 8, 2013 By Stephen Otto Leave a CommentA video put out by GoldSilver.com educates us on the true cause of inflation and what real money is. Contrary to what many people think, inflation is not a natural phenomenon of a free market economy. In the video you will find out what really causes inflation and learn about how the monetary system work..

Poll: 71% of Americans support minimum wage hikesMarch 8, 2013 By Andrew Moran Leave a CommentGallup published a new poll Wednesday that found an overwhelming number of Americans support President Barack Obama’s proposal to increase the federal minimum wage to $9. Close to three-quarters (71 percent) support minimum wage hikes, even though the anti-poverty measure hasn’t b..

Obama, Republicans conspire to attack Medicare, Social SecurityBy Andre Damon 8 March 2013A week after the start of the $1.2 trillion budget cut known as the “sequester,” the Obama administration and top Republicans are seeking a deal to sharply cut Medicare and Social Security. The WSWS needs your support!Your donations go directly to financing, improving, and expanding t..

Middle class disappearing from economic collapse, higher prices, stagnating wagesMarch 7, 2013 By Andrew Moran Leave a CommentMiddle-class Americans are struggling to make ends meet: prices are going up at the grocery store, wages have been stagnant and the United States dollar’s purchasing power doesn’t buy as much as it used to. Are middle-class Americans being left behi..

The collapse of Detroit: An indictment of American capitalism7 March 2013Wall Street’s financial elite celebrated a new record Dow Jones Industrial Average this week, even as the city of Detroit plunged towards bankruptcy and state and local politicians began outlining plans for expanding a Greek-style austerity program. The WSWS needs your support!Your donations go directly..