Thursday , 9 January 2025

Lorimer Wilson

Fact #6: America – A Super Rich Country With Supersized Hunger Pangs and Supersized Waste

Fact #6: Americans wasted enough food in 2010 to fill 91 Empire State Buildings (33.79 million tons) which was up 16% from a decade ago. The average American wastes 209 to 254 pounds of edible food each year. Meanwhile, more than 17 million American households were considered "food insecure" in 2010, meaning it was difficult to provide enough food for everyone in the family. 46 million Americans, about one in seven people, relied on food stamps.

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Fact #5: 44% of Jobless Are Unemployed Longer Than 6 Months!

This is the 5th in a series of 100 useful facts about big issues facing American voters which are being presented by www.FaceTheFactsUSA.org every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Today's facts are related to Jobs and the Economy.

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von Greyerz: Events This Fall to Lead to 15 – 20% Interest Rates, Stock Market Collapse, Bonds Imploding & Gold Exploding! Here’s Why

I believe that in the autumn of 2012 we are going to see...a series of negative events - failing economies, higher unemployment, more QE, and extraordinary levels of social unrest. When QE is announced, I see a temporary rally in stocks but at some point stocks will collapse. I’m not talking about mining stocks, but common stocks outside of the mining sector.

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von Greyerz: Events This Fall to Lead to 15 – 20% Interest Rates, Stock Market Collapse, Bonds Imploding & Gold Exploding! Here's Why

I believe that in the autumn of 2012 we are going to see...a series of negative events - failing economies, higher unemployment, more QE, and extraordinary levels of social unrest. When QE is announced, I see a temporary rally in stocks but at some point stocks will collapse. I’m not talking about mining stocks, but common stocks outside of the mining sector.

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