Debt, Depression, Default. America is in Deep Trouble

Monday, August 30, 2010
By Paul Martin

By Eileen F. Toplansky

sumers are spending less. Small retailers are closing shop — even cable television subscriptions are seeing a loss in revenue. Mike Shedlock of cites reports by Jacqui Cheng of Ars Technica, Mercedes Cardon of Finance Daily, and Jon Chavez of the Toledo Blade, highlighting America’s economic woes with the following:

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