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Buckshot Survival Hour

  • Broadcast in Politics Conservative
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Comparisons to the Great Depression keep popping up. http://www.usatoday.com/money/markets/2010-07-19-1930smarket19_CV_N.htm "Most of the growth has come from Uncle Sam's generosity," Rosenberg says. "That's what is keeping the economy together. When the central bank and the government pull back on the stimulus, double-dip risks rise." The end of government subsidies resulted in a 33% drop in sales of new homes and autos last month. If you're not making money, it's pretty hard to spend it," or pay bills, Johnson says. "There's no fuel in the economic engine to make it grow. People are spending less and saving more." If you were putting a dime in a cookie jar, maybe stick in 20 cents," Rosenberg says. "If you have the capacity to live a frugal life, do so."

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