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

[paenggoy]

"Mass layoffs in US belie talk of economic recovery"

http://www.wsws.org/articles/2012/fe...jobs-f25.shtml

[paenggoy]

"EXTEND & PRETEND COMING TO AN END"

http://www.theburningplatform.com/?p=29848

"U.S. job quality is in trouble"

http://www.marketwatch.com/story/us-...ble-2012-02-27

"The Relentless Household Deleveraging In Charts"

http://www.zerohedge.com/news/relent...eraging-charts

"Over A Million US Families Are Living On A Shocking $2 Per Day"

http://www.businessinsider.com/146-m...per-day-2012-2

"20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas"

http://theeconomiccollapseblog.com/a...-induced-comas

[paenggoy]

"Guest Post: If This Is Such a Strong Economy, Why Does This Chart Look Recessionary?"

http://www.zerohedge.com/news/guest-...k-recessionary

[paenggoy]

"Presenting The Truth Behind America's Fiscal And Employment Picture"

http://www.zerohedge.com/news/presen...oyment-picture

[paenggoy]

"55 Interesting Facts About The U.S. Economy In 2012"

http://theeconomiccollapseblog.com/a...conomy-in-2012

"America: ya gotta be tough"

http://www.abc.net.au/news/2012-03-0...-tough/3876868

[paenggoy]

"15 Black Swan Events That Could Destroy The US Economy In The Next Year"

http://articles.businessinsider.com/...omy-black-swan

[paenggoy]

"Big banks at center of interest rate probe"

http://www.ksbw.com/news/money/Big-b...50/-/ndvg2n/-/

"10 reasons Wall Street will hit bottom, crash"

http://www.marketwatch.com/story/10-...ash-2012-03-13

"Federal Reserve annual stress test fails 4 of 19 big banks"

http://www.usatoday.com/money/indust...est/53514988/1

"Morning Roundup: Watch Out"

http://market-ticker.org/akcs-www?post=203352

"Our 'Let's Pretend' Economy: Let's Pretend 'Job Growth Is Best Since 2006'"

http://charleshughsmith.blogspot.com...retend_09.html

"Our 'Let's Pretend' Economy: Let's Pretend Financialization Hasn't Killed the Economy"

http://charleshughsmith.blogspot.com...retend_08.html

"20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas"

http://theeconomiccollapseblog.com/a...-induced-comas

"America the Possible: A Manifesto, Part I"

http://www.orionmagazine.org/index.p...s/article/6681

"Health care costs to surpass total income?"

http://thechart.blogs.cnn.com/2012/0...-total-income/

[paenggoy]

"ROBERT SHILLER: THIS MIGHT BE THE ‘END GAME’ FOR FALLING HOME PRICES"

http://www.thecomingdepressionblog.c...g-home-prices/

[paenggoy]

"On March 17, Here Are 17 Charts Summarizing The US Energy Situation, And Open Thread"

http://www.zerohedge.com/news/march-...ergy-situation

"More than 20,000 California teachers pink-slipped"

http://www.sfgate.com/cgi-bin/articl...MNHK1NL9RC.DTL

"Life on Mars? Funds to Find Answer Fade"

http://www.nytimes.com/2012/03/13/sc...swer-fade.html

[paenggoy]

"The Obama recovery"

http://wsws.org/articles/2012/mar2012/pers-m28.shtml

"Durable Goods Miss, Inventory Stockpiles Soar To New All Time High"

http://www.zerohedge.com/news/durabl...-all-time-high

[paenggoy]

"The Worst Economic Recovery in History"

http://online.wsj.com/article/SB1000...997904292.html

"18 Staggering Charts On The Rise Of Government Dependence"

http://www.businessinsider.com/18-st...endence-2012-2

"45 Signs That America Will Soon Be A Nation With A Very Tiny Elite And The Rest Of Us Will Be Poor"

http://endoftheamericandream.com/arc...s-will-be-poor

"Moody's May Downgrade 17 Banks, Securities Firms"

http://www.cnbc.com/id/46404936/

"19 Signs Of Very Serious Economic Trouble On The Horizon"

http://theeconomiccollapseblog.com/a...on-the-horizon

"Bank of America On Why, Contrary To Popular Delusion, America Is Not Decoupling"

http://www.zerohedge.com/news/bank-a...not-decoupling

"Consumer Credit Decelerates Most Since Feb 2011"

http://www.zerohedge.com/news/consum...-most-feb-2011

"NFP Big Miss: 120K, Expectations 205K, Unemployment 8.2%, 'Not In Labor Force' At New All Time High"

http://www.zerohedge.com/news/nfp-bi...nemployment-82

[paenggoy]

"Four Weeks Of Deja Vu Propaganda"

http://www.zerohedge.com/news/four-w...-vu-propaganda

[paenggoy]

"The One Chart That Says It All"

http://charleshughsmith.blogspot.com...ys-it-all.html

[paenggoy]

"The Shocking Truth About Unemployment In America In One Chart"

http://theeconomiccollapseblog.com/a...a-in-one-chart

"As weather gets biblical, insurers go missing"

http://news.yahoo.com/insurers-rethi...124608977.html

[paenggoy]

"Guest Post: Calling All Crash Test Dummies: Big Crash Ahead"

http://www.zerohedge.com/news/guest-...ig-crash-ahead

[paenggoy]

"Bernanke to Congress: We're Much Closer to Total Destruction Than You Think"

http://www.cnbc.com/id/41491193/

"Schrodinger Economy Chugs Along As Empire Manufacturing Misses; Retail Sales Beat"

http://www.zerohedge.com/news/schrod...ail-sales-beat

"Dylan Ratigan Reveals What Happened Inside The Fed During The Financial Crisis"

http://www.fedupusa.org/2012/04/dyla...ancial-crisis/

[paenggoy]

Re: demand destruction in the US and in OECD countries:

"Guest Post: Wages And Consumption Are Both In Long-Term Downtrends"

http://www.zerohedge.com/news/guest-...erm-downtrends

[paenggoy]

"Details Of The $291 Trillion In Derivatives To Which American Taxpayers Are Exposed"

http://seekingalpha.com/article/5037...rs-are-exposed

"Derivatives Lobby Has U.S. Regulators on the Run"

http://www.bloomberg.com/news/2012-0...n-the-run.html

"US regulators ease derivatives rules"

http://www.ft.com/intl/cms/s/0/58cc0...44feab49a.html

"The terrible cost the U.S. pays for derivatives"

http://management.fortune.cnn.com/20...r-derivatives/

Even given the notional value and adjusted balance sheets, the amount involved is more than $200 trillion for the U.S. alone.

Compared to that, the main cause of the 2008 crash involved only a trillion dollars in the subprime lending market.

[paenggoy]

"Food Stamp Rolls to Grow Through 2014, CBO Says"

http://blogs.wsj.com/economics/2012/...2014-cbo-says/

[paenggoy]

"March Durable Good Implode, Worse Than Lowest Wall Street Forecast And Biggest Drop Since January 2009" (4.2-pct decline)

http://www.zerohedge.com/news/march-...p-january-2009

"It’s all downhill for US equality" (a quarter of national income controlled by the top 1 pct)

http://www.ft.com/intl/cms/s/2/9a571...44feab49a.html