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Sunday, February 23, 2014

Economic Stories of Relevance in Today's World -- February 23, 2014

X22 Report - Current Economic Collapse News Brief – Episode 297 - February 22, 2014

The Hickory Daily Record - February 22, 2014
What do you think about the city of Hickory’s $27.5 million proposal to build a park / walking trail on Main Avenue as part of its Inspiring Spaces project?

Is the housing recovery losing steam? - Fortune/ - By Christopher Matthews - February 19, 2014 - The latest data suggest that the promised construction boom may not materialize...                    But Wednesday morning the Census Bureau released data showing that, on a seasonally-adjusted basis, only 880,000 new homes had begun construction in January, 16% below the revised December estimate of 1,048,000 and 2% below the January 2013 rate of 898,000...

Expert Warns of Hyperinflation: “The American Way Of Life Will Be Destroyed” - - Mac Slavo - February 17th, 2014 -If there’s one thing that’s certain about what’s happening in the world right now  it’s that uncertainty is pervading every aspect of the global economy. From fabricated employment statistics and consumer spending reports to obscene levels of debt and a failing domestic monetary policy, the writing is on the wall.                According to top Casey Research analyst Marin Katusa, who has met with energy ministers and business leaders in over 100 countries, it’s only a matter of time before the world’s reserve currency goes the way of the German Reichsmark and Zimbabwe Dollar.                 What we’re talking about here is nothing short of an outright collapse of our banking system, hyperinflation of the US dollar, and a complete destruction of the world as we have come to know it. This is a must-watch for those trying to understand what’s happening with the economic landscape, how to position yourself for an unprecedented paradigm shift in how Americans live their lives, what to expect as this crisis unfolds, and how to find opportunities when everyone else is in panic mode.

29 Percent Of All U.S. Adults Under The Age Of 35 Are Living With Their Parents - The Economic Collapse Blog - Michael Snyder - February 19th, 2014 - Why are so many young adults in America living with their parents?  According to a stunning Gallup survey that was recently released, nearly three out of every ten adults in the United States under the age of 35 are still living at home with Mom and Dad.  This closely lines up with a Pew Research Center analysis of Census data that looked at a younger sample of Americans which found that 36 percent of Americans 18 to 31 years old were still living with their parents.  That was the highest level that had ever been recorded.  Overall, approximately 25 million U.S. adults are currently living at home with their parents according to Time Magazine.  So what is causing all of this?  Well, there are certainly a lot of factors.  Overwhelming student loan debt, a depressing lack of jobs and the high cost of living are all definitely playing a role.  But many would argue that what we are witnessing goes far beyond temporary economic conditions.  There are many that believe that we have fundamentally failed our young people and have neglected to equip them with the skills and values that they need to be successful in the real world.                  More Americans than ever before seem to be living in a state of "perpetual adolescence".  As Gallup noted, one of the keys to adulthood is to be able to establish independence from your parents...

Gold Even More Bullish Under Yellen Than Bernanke or Greenspan! 

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