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View Full Version : 20 More Signs Of A Full-On Economic Collapse



Twisted Titan
11th June 2010, 09:17 AM
Link to Article (http://www.businessinsider.com/the-us-economic-collapse-top-20-countdown-2010-6#according-to-the-bureau-of-labor-statistics-in-march-the-national-rate-of-unemployment-in-the-united-states-was-97-but-for-americans-younger-than-25-it-was-well-above-18-percent-3)


EDIT: Changed long link to named link to prevent horizontal scrolling. -Gaillo

Horn
11th June 2010, 09:58 AM
According to the Bureau of Labor Statistics, in March the national rate of unemployment in the United States was 9.7%, but for Americans younger than 25 it was well above 18 percent.


If it runs at double the reported rate as according to shadow stats, that would put it somewhere in the 30% range.

http://www.shadowstats.com/

Twisted Titan
11th June 2010, 10:28 AM
Can someone please cut and paste image four in a jpeg file??


That FDIC one needs to be preserved for posterity.


T

MNeagle
11th June 2010, 10:33 AM
Here you go TT:
(must be an old sign)
http://static.businessinsider.com/image/4c050e8f7f8b9ab833790000-590-/the-fdics-list-of-problem-banks-recently-hit-a-17-year-high.jpg

Twisted Titan
11th June 2010, 10:48 AM
Thanks MN

You can start to see the "slight of hand" through the years only if you pay attention

That one must be ancient.


T

DMac
11th June 2010, 11:51 AM
http://www.fdic.gov/about/learn/learning/when/1960s.html

1966 FDIC deposit insurance limit increased to $15,000
1969 FDIC deposit insurance limit increased to $20,000

madfranks
11th June 2010, 01:06 PM
http://www.fdic.gov/about/learn/learning/when/1960s.html

1966 FDIC deposit insurance limit increased to $15,000
1969 FDIC deposit insurance limit increased to $20,000



Inflation does some funny things. Anyone remember that part of the constitution that guarantees a trial by jury if the controversy is valued at more than $20? Here it is:


In Suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law.

I don't know why, but that old FDIC sign reminded me of this. Soon the FDIC will be insuring everyone up to $1 million or more.