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PeakOil is You

PeakOil is You

The Financial Tsunami

Discussions about the economic and financial ramifications of PEAK OIL

Re: The Financial Tsunami

Unread postby evgeny » Tue 25 May 2010, 13:16:14

32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion

http://www.economicpolicyjournal.com/20 ... asury.html

The number of laid-off increases. Number of selected houses in the population increases. National debt increases. The amount of money injected into the economy increases. The number of bankrupt state increases. Production is declining. The number of hospitals decreases. This is the awesomeness out of the crisis.
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