The DOW Jones Industrial Average is up almost 70% from its post-financial collapse lows of March 2009 but the rest of the economy and unemployment has not recovered at all. The United States has printed over $2 trillion dollars since 2008 to prop up Wall Street and prevent the complete collapse of the U.S. economy and the global financial system based on the U.S. dollar.
The Federal Reserve has kept interest rates at 0% for 17 months and the problem has only continued to grow worse. The United States financial and political situation is starting to look a lot like the Soviet Union in the 1980s. Without a dramatic change in the way we live and a quick reduction of Obama administration’s current 1.5 trillion dollar yearly deficit, the United States is going to go bankrupt.