The Horrifying Truth About The Collapse Of The U.S. Economy

It Looks Like U.S. Government Bonds Aren't Supported By China Anymore

It should be noted that China's U.S. debt ownership has fallen to $843.7 billion in June from $938.3 billion in September 200,9 according to U.S. Treasury Department released Monday. This equates to nearly an 11% reduction by China.

http://www.businessinsider.com/treasuries-arent-supported-china-anymore-20-august-2010



More Bankrupt Banks: Eight Banks Fail in Four States

Eight banks were shuttered by regulators Friday, bringing the 2010 tally of U.S. bank failures to 118.

http://bit.ly/92wPtc



40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy

Most Americans still appear to be operating under the delusion that the "recession" will soon pass and that things will get back to "normal" very soon.

http://bit.ly/aS4g7V


From Information Clearing House

--------

The plan

The Libertarian Enterprise
by L. Neil Smith

08/22/10

The United States of America are in trouble. To some, it is a horrible surprise. Many others have helplessly watched it coming for years. At the most fundamental levels, with regard to its continued national and cultural existence, in both economic and philosophical terms, this country is in vastly worse danger at this moment, than it was during the so-called Great Depression or the War Between the States...

http://www.ncc-1776.org/tle2010/tle584-20100822-02.html


Informant: Thomas L. Knapp



http://sharenews.twoday.net/search?q=U.S.+economy
http://sharenews.twoday.net/search?q=Treasury
http://sharenews.twoday.net/search?q=recession
http://sharenews.twoday.net/search?q=Great+Depression
http://sharenews.twoday.net/search?q=bonds
http://sharenews.twoday.net/search?q=bank+failure
http://sharenews.twoday.net/search?q=L.+Neil+Smith

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