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Wake Up Media, the BLS Has Been Fudging Its Numbers for YEARS





 

How does the US economy add 800K+ jobs during a month in which employment taxes and consumer spending FALL? Answer: magic! Or actually the BLS lied... again.

 
 
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Is China an economic miracle, or one massive Government-­sponsored fraud?





History has shown us countless times that centrally-­?planned, command style economies do not produce long-­?term economic growth. We’ve seen this will the Soviet Union, the UK, the US-­?since the Tech Crash, and today in China.

 
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Could Spain Breaks Into Separate Countries?





Spain was already experiencing a banking crisis as well as a sovereign crisis. It’s now on the verge of a constitutional crisis (as well as its ongoing sovereign and banking crises).

 
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Wake Up America, We Are Being Distracted From the Real Issues by MSM Lackeys





The mainstream media is attempting once again to draw the public’s opinion towards issues that are ultimately fringe issues that impact a small percentage of us in order to ignore the large-scale major issues that affect all of us.

 
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Why You Should Be VERY Afraid of Inflation





 

Yes, you read that correctly. High ranking members of the US Federal Reserve believe that because a one time purchase of an iPad is cheaper, the increase in the daily cost of food and energy is balanced out.

 
 
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More Unintended Consequences of Fed Intervention: Killing Germany's Exports and a US Debt Bubble Implosion





 

Let me be clear: if US Treasuries collapse, then the US has lost credibility in the global markets and we’re going to face a currency Crisis. I am not saying that this will happen right now. Europe could always implode first, buying the US some time. But at some point the US debt situation will lead to a Crisis. And the Fed is pushing us ever closer to this with QE 3.

 
 
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Spain: a Bank Run Combined with a Sovereign Debt Crisis





 

So who will be buying Spanish bonds? Apparently no one but the ECB. And the ECB will only do this if Spain agrees to austerity measures… which Spain doesn’t want. Talk about a mess.

 
 
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Small Business Owners Understand the Economy Better Than Our Fed Chairman





 

Indeed, it is now clear, via QE 3, that the Fed has gone “all in” in its commitment to money printing. QE 2 put food prices to record highs… what do you think QE 3 (which is unlimited) will do to the cost of living?

 
 
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Barely Literate High School Students Have a Better Understanding of Jobs Creation Than Washington





 

That high school students, even those who are borderline-failing their SATs, have a better understand of economics and job growth than Washington bureaucrats.

 
 
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Draghi's Bazooka Fired Blanks





Spain’s ten-year bond yield has broken back above 6%. To see Spain’s sovereign bond yields rising like this after the ECB announced it would essentially provide “unlimited” buying as support is simply stunning. And it indicates in plain terms that the ECB’s program was in fact a dud.

 
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There's No Engine for Global Growth Pt 3 (the US)





 

So… the Fed has engaged in record intervention in the market and economy. Despite this, the US “recovery” has in fact been a total dud: we’re officially back in a recession. And inflation is hitting lift off. This means the US, like China and Europe, is no longer an engine for global growth. Combined these three regions account for 55% of global GDP.

 
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There's No Engine for Global Growth Pt 2 (Europe)





 

Meanwhile, pretty much all of Europe is in recession now, including Germany. True, the ESM bailout fund has been ratified… but the question remains who actually has funds to support it (Spain and Italy are meant to supply 30% of its funding… and they’re the ones who will be requesting a bailout!).

 
 
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There's No Engine for Global Growth Pt 1 (China)





 

Imagine if the world found out that China’s growth and recovery post 2008 were largely based on fraudulent data and garbage development projects fueled by easy money and rampant corruption on the part of Chinese officials?

 
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We're Entering Another Economic Collapse... Right As Inflation Hits LIft Off!





 

In simple terms this tells us that inflation is hitting “lift off” in the US at the very same time that we are entering a recession that could be on par with that of 2008. And with corn and soybean prices at or near record highs, we could be on the verge of a stagflationary disaster combined with a food crisis at the very same time.

 
 
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Forget About QE… I’m Worried About UC





 

So what will QE 3 bring? The short answer is: nothing pretty. Gas and food prices were already high before the Fed announced QE 3. They will be going much higher in the future (Oil is currently falling based on Saudi Arabia working with the US Government to suppress prices).

 
 
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