Exploring consensual reality in American society.

The Federal Reserve met today and pretty much said they would keep the interest rates zero or close to it for the next three years. Ben Bernanke, chairman, has done everything he said he would in a 2002 speech were he to confront a depression. We are in a depression and he has done everything he said he would.

This prediction is an easy one. Bernacke hates the US dollar and will see that it declines in value 40% next year just like FDR did in 1933-1934.

Water for Elephants (2011) – Robert Pattinson as Leonardio DiCaprio in Titanic; it is that simple.

An Analysis of the New Deal under FDR.

A quick look at the fashions trends of the 1930s.

Income inequality refers to the extent to which income is distributed in an uneven manner among a population. In the United States, income inequality, or the gap between the rich and everyone else, has been growing gradually for 30 years and at a very high rate of growth during the George W. Bush Administration.

Economist Nouriel Roubini has gained fame after 2008 for been virtually the only financial expert to predict the worst global economic crisis since the Great Depression.

L writer who is paid to research and write the economy every day, my colleague.

The great depression.