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The Economist: U.S. In Depression, Not RecessionRespected mainstream international publication, The Economist reports that the U.S. is in a Depression now. Read the article and follow the links to related articles below to get a better idea of the big picture. Judge for yourself whether or not the U.S. dollar is being destroyed to pave the way for a world banking system and single currency.
Keep in mind that depressions do not destroy currencies, but hyperinflation does. So, the big question is, “Will our current deflation turn to hyperinflation when the credit freeze ends?”
- Britain may need 0% interest rate to avoid a depression, leading economist warns
- Nobel Prize Winning Economist: Crisis As Bad As Great Depression Or Worse
- Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression”
- Rogers: The Elite Are Turning A Recession Into A Depression
- IMF warns of Great Depression
- Top Economist Mishkin: Worse Than the Depression
- Roubini Sees Worst Recession in 40 Years, Rally’s End
- Congressman: “If We’re Not Very Lucky Or If We Don’t Do Everything Right, We Could Easily Have A Ten- Or Fifteen-Year Depression”
- Economy Is ‘Already In Recession’
- Poll: 60% say depression ‘likely’
- Former Fed chief says U.S. now in recession
- Banking crisis: Is Britain heading for the worst recession since the 1930s?
