When the US defaulted: 40 years since the collapse of the Bretton Woods Agreement

[paenggoy]

http://www.wsws.org/articles/2011/au...pers-a15.shtml

[paenggoy]

"Many have little to no savings as retirement looms"

http://www.usatoday.com/money/perfi/...ugh/51642848/1

[paenggoy]

"The gutting of the US Postal Service"

http://www.wsws.org/articles/2011/de...pers-d07.shtml

[paenggoy]

"U.S.'s Afghan Headache: $400-a-Gallon Gasoline"

http://online.wsj.com/article/SB1000...427403928.html

[andresbonifacio2]

What is this thread trying to accomplish? Puro links bro.

I can contribute to the discussion but it is weird when it is a linking fest.

[paenggoy]

What is this thread trying to accomplish? Puro links bro.

I can contribute to the discussion but it is weird when it is a linking fest.

The thread explains the basis of U.S. economic "power" and "growth" and can be seen in light of the current economic crisis.

The links refer to articles that contain a lot of content that you can read and that explains my point. I can't copy and paste the content because of copyright rules.

I don't want to summarize and explain the content to you because you should be able to do that by yourself.

It's only after reading at least the first article that you should be able to contribute something relevant to the discussion.

Finally, the more information I can provide on the matter, the better. Hence, the "linking fest."

[paenggoy]

"The view from the 1 percent"

http://www.washingtonpost.com/nation...YaO_story.html

[paenggoy]

"Millions set to lose jobless benefits — 'I’m very scared,' one tells Yahoo News"

http://news.yahoo.com/blogs/lookout/...153145363.html

[paenggoy]

"HALF of all Americans are struggling to get by on 'poor or on low income', figures reveal"

http://www.dailymail.co.uk/news/arti...ow-income.html

[paenggoy]

"50 Economic Numbers About The US That Are 'Almost Too Crazy To Believe'"

http://www.zerohedge.com/news/50-eco...-crazy-believe

[paenggoy]

"'Biggest world bankruptcy, yet to come'"

http://www.presstv.ir/detail/215104.html

[paenggoy]

"GEAB N°60 is available! Global systemic crisis – USA 2012/2016: An insolvent and ungovernable country"

http://www.leap2020.eu/GEAB-N-60-is-...try_a8481.html

[paenggoy]

"The Corruption of America"

http://www.stansberryresearch.com/pu...PSI_issue.html

"Guest Post: 2011: The Last (Debt-Consumerist) Christmas in America"

http://www.zerohedge.com/news/guest-...istmas-america

"Getting Worse: 40 Undeniable Pieces Of Evidence That Show That America Is In Decline"

http://theeconomiccollapseblog.com/a...-is-in-decline

"Inequality in modern-day America is worse than Ancient Rome"

http://rt.com/usa/news/inequality-an...nt-empire-287/

[paenggoy]

"Cuts for the Already Retired"

http://www.cnbc.com//id/45736447

[paenggoy]

Related:

"Cash is trash: Big American Brother gives hints on how to spot citizen terrorists"

http://rt.com/news/terrorism-credit-...overnment-613/

"Sachs: How Reaganomics toppled the U.S." (video)

http://money.cnn.com/video/news/2011...achs.cnnmoney/

"Doug Casey on Getting Out of Dodge"

http://www.caseyresearch.com/cdd/dou...ting-out-dodge

[paenggoy]

"Goodbye 'Shop Til You Drop' Mentality: Renegade Band of Economists Call for 'Degrowth' Economy"

http://www.alternet.org/environment/...'_economy/

"40 Hard Questions That The American People Should Be Asking Right Now"

http://theeconomiccollapseblog.com/a...king-right-now

"The Number One Catastrophic Event That Americans Worry About: Economic Collapse"

http://theeconomiccollapseblog.com/a...nomic-collapse

[paenggoy]

"US Closes 2011 With Record $15.22 Trillion In Debt, Officially At 100.3% Debt/GDP, $14 Billion From Breaching Debt Ceiling"

http://www.zerohedge.com/news/us-clo...y-1003-debtgdp

"Notes on the social crisis in America"

http://www.wsws.org/articles/2012/ja...socr-j04.shtml

[paenggoy]

"Obama hails tepid job growth in December"

http://www.wsws.org/articles/2012/ja...jobs-j07.shtml

[paenggoy]

http://www.youtube.com/v/7zotYU21qcU

[paenggoy]

"Guest Post: Why 308,127,404 Americans Are Going To Get Hosed"

http://www.zerohedge.com/news/guest-...oing-get-hosed

"Nearly one-third of middle class suffer downward mobility"

http://finance.yahoo.com/news/nearly...102300614.html