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Economic Concerns for 2016

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Jonathon Miller

Jonathon Miller

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Some economists say that collapse is in progress. Real unemployment/under-employment is worse now than during the Great Depression.

The economy has never really recovered since the crash of 2008. Published numbers are fudged. Many jobs have moved overseas. Mortgage applications are at the lowest numbers since 1965.

Our economic downfall is tied to the debt based currency, deceptive banking practices and consolidation of the power of major corporations over financial and political systems. We are on the road to high tech tyranny with a global financial and governance system.

The increase in the bank lending rate of .25% by the FED may be the trigger that sets off a financial crash fed by the exposure of banks, companies and governments to the ridiculous derivative contracts on sub-prime assets.

There is an unfolding effort by good leaders to clean up fraudulent debt and restore real value to economics. The challenge is to implement reforms without allowing the elite power cabal to solidify their control in a new world financial system that they dominate.

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