The New US Economy

Lost Decade for American Income – WSJ.com

For your Scary Charts check out the article link below.

Falling off the American Dream treadmill – Real median U.S. household income falls under $50,000. Poverty rate has grown exponentially since 2000, during the housing bubble.

Or see what Yves Smith is writing about real estate.

Latest Real Estate Time Bomb: Title of Foreclosed Properties Clouded; Wells Fargo Dumping Risk on Hapless Buyers « naked capitalism

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