Economy News for Thurs 8 Aug 2013

Here's The Real Unemployment Rate

http://www.wnd.com/2013/08/heres-the-real-unemployment-rate-2/

The American dream myth: Income mobility; 4 out of 5 Americans struggle with poverty, joblessness, or go on welfare at some point during their lives; and bottom 80 percent of Americans control 7 percent of total wealth

http://www.mybudget360.com/american-dream-myth-income-mobility-wages-wealth-in-the-united-states/

The uneasiness of Quantitative Easing: How QE is ineffective with helping the broader economy in favor of boosting support for too big to fail banks

http://www.mybudget360.com/quantitative-easing-money-finance-low-rates-failing-economy/

Detroit files for bankruptcy while S&P 500 hits record high: The bifurcation of the American economy and the long decline of the American manufacturing base

http://www.mybudget360.com/detroit-files-bankruptcy-snp-500-hits-record/

Sudden Dollar Weakness Tapers Early Euphoria, Sends Market Sliding And Spikes Gold

http://www.zerohedge.com/news/2013-08-08/sudden-dollar-weakness-tapers-early-euphoria-sends-gold-spiking

If Housing Is Booming - Why Do We Need Another Fix

http://www.zerohedge.com/news/2013-08-08/if-housing-booming-why-do-we-need-another-fix

Bank of England 0.5% Interest Rates for 7% Unemployment, to Result in 7% Inflation, Ongoing Savings Theft

http://www.marketoracle.co.uk/Article41769.html

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