IF THE world appears to have escaped relatively unscathed by social unrest in 2009, despite suffering the worst recession since the 1930s, it might just prove the lull before the storm. Despite a tentative global recovery, for many people around the world economic and social conditions will continue to deteriorate in 2010. An estimated 60m people worldwide will lose their jobs. Poverty rates will continue to rise, with 200m people at risk of joining the ranks of those living on less than $2 a day. But poverty alone does not spark unrest—exaggerated income inequalities, poor governance, lack of social provision and ethnic tensions are all elements of the brew that foments unrest.
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link to www.economist.com]
Israelis ponder the perils of hitting Iran
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link to beforeitsnews.com]
No Jobs for Ten Years?
Dominant Social Theme: It's looking grim?
Free-Market Analysis: There are a lot of statistics cited in this article but like many articles with a mainstream tone, most of them are besides-the-point or shed little illumination about what is going on. First of all the jobless rate in America is closer to 20-30 percent, we figure, when you throw in everyone who wants to work but can't find work, even part-time work. And second, we distrust the other unemployment figures cited in this article. Finally, we look in vain for a reason as to why all this is happening. Can we find it somewhere else in the body of the article? Here's some more:
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link to www.thedailybell.com]
JP Morgan and Goldman Sachs Trillions Deep In Derivatives or Dumbed-Down Reporting?
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link to www.marketoracle.co.uk]
Bankers Get $4 Trillion Gift From Barney Frank
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link to www.economicpolicyjournal.com]
Financial Reform Just Camouflage for Wall Street’s Latest Power Play
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link to www.marketoracle.co.uk]
U.S. Dollar Collapse 2012
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link to beforeitsnews.com]
So what do you think does the FINAL COLLAPSE start on NYE and end 2012?