The assets of Americans 35 or older have dropped 22 percent since 2007, according to Pew Research, and the decrease is because of high unemployment, a weak housing market, and a sluggish economy. Americans now learning hardship first-hand might consider the way members of Congress are attempting to tighten their belts in light of…
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The answer is revealed in the chart below, which appeared as part of Dylan Grice’s commentary in the March 13, 2013 edition of the Edelweiss Journal: The chart shows the accumulated amount of U.S. government-issued debt for each quarter from 2009-Q1 through 2012-Q3. The Federal Reserve began accumulating U.S. government-issued debt once again in…
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