Another aspect of the economy that really bothers me is MSM stating, "The unemployment rate is lower than it has ever been." In North Carolina, the
state I currently reside in, unemployment compensation has been reduced by 35% and 14 weeks. As soon as an unemployed individuals benefits run out
they are no longer counted as unemployed.
I think the entire world is one ugly financial house of cards, and when one goes all the rest will likely follow. We almost went over the edge in 2008
and it would have been ugly then, but we bailed it out and kicked the can and made it worse.
I think the global anger and finger pointing are going to lead to some really epic bad times when it all goes under too.
And I'm not sure there is any way to predict who or what is going to rise from the dust as the global super power because everyone you can point at
right now has some deep, deep problems.
This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.