October 22, 2008

The Economic Meltdown: Seven Key Factors

There are seven key factors that underlie the current economic tectonic shift.

1. Financialized Economy

2. Debt (which relates to #1)

3. Real Estate Boom/Bust

4. Global commodity inflation

5. Dishonest Economic Statistics

6. Price of Oil

7. Demise of the US Dollar

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