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desert CA
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
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19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
sample:
"
#9 According to the New York Times, the "typical American household" is now worth 36 percent less than it was worth a decade ago.
#10 In 2007, the average household in the top 5 percent had 16.5 times as much wealth as the average household overall. But now the average household in the top 5 percent has 24 times as much wealth as the average household overall.
#11 In an absolutely stunning development, the rate of small business ownership in the United States has plunged to an all-time low.
#12 Subprime loans now make up 31 percent of all auto loans in America. Didn't that end up really badly when the housing industry tried the same thing?
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Another of those list of facts. Too bad Peter Schiff is gone. Now just a few alternate econ news places such as zerohedge and "theeconomiccollapseblog.com"
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