http://www.globalresearch.ca/index.php?context=va&aid=9596 What is really taking place, however, is that the producing economy of working men and women is being crushed by the overall debt burden on households, businesses, and governments that could reach $70 trillion by 2010. The financial system, including mortgage giants Fannie Mae and Freddie Mac, is bankrupt, as the debts it is based on cannot be repaid.
www.globalresearch.ca/index.php?context=va&aid=9162 Economic depression in America: Evidence of a withering economy is everywhere
http://www.shadowstats.com/ Shadow Government Statistics
