10 Clear Signs That This Will Be A Double-Dip Recession In The United States

The U.S. economy has been riding out one of the worst recessions in modern history, but unfortunately every economic signal seems to be indicating that we are going to be experiencing a “double-dip” recession instead of a recovery.  U.S. government debt is out of control, a massive “second wave” of mortgages is scheduled to reset starting this year, banks have significantly tightened credit, pension funds across the U.S. are broke at a time when a ton of Baby Boomers are ready to retire, and a massive financial crisis in the Eurozone threatens to throw the world into financial chaos.  The truth is that 2010 is going to be another very tough year economically, and for many the American Dream is quickly becoming a distant memory.  The following are ten clear signs that this will be a double-dip recession in the United States…. (Read More...)

Welcome To The American Dream Blog

Welcome to the American Dream blog!  So what is this site going to be about?  It is going to be about trying to wake up as many people as possible.  A generation ago, our parents and grandparents could take a prosperous future in the most powerful nation on earth for granted.  But now that has fundamentally changed.  Now the U.S. government, state governments, the big corporations and American consumers have piled up the biggest mountain of debt in the history of the world.  Not only have we completely mortgaged the future of our children and grandchildren, but we have also brought the U.S. financial system to the brink of complete destruction.  The U.S. dollar, once the most stable and most powerful currency in the world, is now dropping dramatically in value and is in a death spiral.  Unemployment is spiking all over America, and in some areas it is now next to impossible to get a good job.  Millions of quality jobs have been shipped overseas and they simply are not going to come back.  It seems like each year we set another record for mortgage foreclosures and another record for personal bankruptcies. (Read More...)

Do NOT follow this link or you will be banned from the site!