Peter Schiff Says U.S. is Powerless to Prevent Runaway Inflation, Silver to Soar to $100 [1]
US poverty on track to post record gain in 2009 [2]. It is noteworthy that in 2008, the poverty level stood at $22,025 for a family of four. But that would have been considered “upper middle class” back in the 1940s. So part of this impoverishment can be attributed to the hidden tax of currency inflation. We need a sound currency!
G.G. mentioned this item: 59% of Canadians would be in trouble if their pay was delayed by a week [3]
Another step in the staircase of inevitabilities: States cutting benefits for public-sector retirees [4]. (A tip of the hat to Sue C. for the link.)
Items from The Economatrix:
FMI Says that World-Wide Labor Market is in “Catastrophic Situation” [6]
IMF Warns of Economic Slowdown [7]
August Retail Sales Up 0.4%, Best in 5 Months [8]