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Rescooped by Paola Ogadzhanova from Reality Economics
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Currency Crisis: Federal Reserve Dove Hawk Scale

Currency Crisis: Federal Reserve Dove Hawk Scale | macroeconomicsbctc | Scoop.it

Following the publication of the Minutes of the Federal Open Market Committee (FOMC), Axel Merk released a short commentary entitled "Fed - Actions Speak Louder Than Words".


Via cnxsoft, Kevin G. Lundberg
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Rescooped by Paola Ogadzhanova from Reality Economics
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The Myth that the US will Soon Become an Oil Exporter

The Myth that the US will Soon Become an Oil Exporter | macroeconomicsbctc | Scoop.it
Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter? With the recent increase in o...

Via cnxsoft, Kevin G. Lundberg
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China Closes Window on Economic Debate, Protecting Dominance ... - Pittsburgh Post Gazette

China Closes Window on Economic Debate, Protecting Dominance ... - Pittsburgh Post Gazette | macroeconomicsbctc | Scoop.it
China Closes Window on Economic Debate, Protecting Dominance ...Pittsburgh Post GazetteBEIJING -- As China heads toward a once-a-decade change of its top leadership, its vaunted embrace a generation ago of markets and economic openness ...and more »...
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Rescooped by Paola Ogadzhanova from EconomicFactors
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Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says

Americans saw wealth plummet 40 percent from 2007 to 2010, Federal Reserve says | macroeconomicsbctc | Scoop.it
Families’ median net worth plunged by 40 percent from 2007 to 2010, according to Federal Reserve data released Monday, with the middle class bearing the brunt of the decline.

Via Bill McKee
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U.S. to Become Tax Debtors’ Prison

U.S. to Become Tax Debtors’ Prison | macroeconomicsbctc | Scoop.it

Further sign that things in the USA are not as good as MSM and the government like to tell us they are:

 

"If you’re planning to leave the U.S. for any reason, you may soon need to make sure your taxes are all paid up.

 

"The U.S. government is looking to plug up leaks on its tax slave ship..." click through for the new story.


Via Hal, Kevin G. Lundberg
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Fed Says U.S. Wealth Fell 38.8% in 2007-2010 on Housing

Fed Says U.S. Wealth Fell 38.8% in 2007-2010 on Housing | macroeconomicsbctc | Scoop.it
The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed.

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10 Things That We Can Learn About Shortages And Preparation From The Economic Collapse In Greece | Hawaii News Daily — World

10 Things That We Can Learn About Shortages And Preparation From The Economic Collapse In Greece | Hawaii News Daily — World | macroeconomicsbctc | Scoop.it
When the economy of a nation collapses, almost everything changes.  Unfortunately, most people have never been through anything like that, so it can be di...

Via Bill McKee
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