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Support Bad EconomyNo amount is too large. Money is like food. If you do not pass it on, you get constipated.RSS FeedEconomy Status Alert
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Bad Economy
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Due to the increasing number of layoffs in this bad economy, more people than ever before are unemployed and sitting at home eating Cheez Whiz, hoping that the economy will bounce back and they can go back to work. As a result the global demand for the product is up over 3000%, leading to shortages in some areas.
It seems that times change, but the problems stay the same. In the following video you'll see that in 1982 there were problems with unemployment, just as there is now. The bad economy of the time caused massive layoffs, and record unemployment. History does teach us that at least it seems to be cyclical, so it may just be a matter of time before things correct themselves.
The Chinese Foreign Ministry and the Italian President Silvio Berlusconi today jointly announced today that China will be taking over ownership and control of Italy, in exchange for payment in full of Italy's deficit. The exact amount is not disclosed at this time, but is anticipated to be in the trillions of Euros.
Realizing that most stock analysts are little more than gazing at tea leaves, or stating the obvious after it is too late, we have decided to throw our hat into the ring.
Less than a month to go now as Canada rolls out new taxes for two of its provinces and increases the taxes on a third province. All of this is a big cash grab to help pay for the huge bailout packages given out to the banking and automobile sectors last year. The timing is very bad as it happens to be at the worst time to roll out new taxation, since the whole country is still reeling from the recession, and likely about to go down for the second time in two years. Some claim this is further evidence that the government is run by a race of lizard like aliens who do not have our best interests at heart, and who are actively causing an economic downturn for their amusement.