implode-explode.com - Implosion News Pick-ups: Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School

Amid a worsening fiscal crisis, a crumbling economy, and the destruction of over 40% of America's wealth in just the last few years, it should be quite clear that this is no ordinary recession. In fact, with progressively dwindling job opportunities, a long-term downward trend in real estate prices, and the near doubling of participation in emergency benefits programs like food stamps and disability, one could make the argument that the United States is smack-dab in the middle of the next Great Depression

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Relevant: Living on food stamps in middle-class suburbia Soros predicts worst recession for 50 years Half of U.S. Lives in Household Getting Benefits FIRE Economy Fallout -- Part I: Recession ends, depression begins Food stamp use rises to record 45.8 million	Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School 2012-12-05 — shtfplan.com Amid a worsening fiscal crisis, a crumbling economy, and the destruction of over 40% of America's wealth in just the last few years, it should be quite clear that this is no ordinary recession. In fact, with progressively dwindling job opportunities, a long-term downward trend in real estate prices, and the near doubling of participation in emergency benefits programs like food stamps and disability, one could make the argument that the United States is smack-dab in the middle of the next Great Depression read original article \| permalink to this page \| discuss \| \| RSS \| Subscribe by email! Comments: Be the first to add a comment add a comment \| go to forum thread

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Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School