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Aug 01
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Economic Meltdown

  • US Economy Faces Double Dip Recession
    THe American Economy is headed for a double dip recession after poor consumer spending over the last 1/4. People need to be in jobs to consume and with increasing unemployment, you...
  • China overtakes Japan
    China has overtaken Japan to become the worlds second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty....
  • U.S. bank failures total 108 after 5 shut on Friday
    Bank failures are expected to peak this quarter, with the industry slowly recovering from large portfolios of bad loans, many tied to commercial real estate Although...

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