{"id":6718,"date":"2015-03-22T08:07:25","date_gmt":"2015-03-22T13:07:25","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6718"},"modified":"2015-03-22T08:07:25","modified_gmt":"2015-03-22T13:07:25","slug":"10-charts-which-show-we-are-much-worse-off-than-just-before-the-last-economic-crisis","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6718","title":{"rendered":"10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis"},"content":{"rendered":"

10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis<\/a><\/h3>\n

If you believe that ignorance is bliss, you might not want to read this article.\u00a0 I am going to dispel the notion that there has been any sort of \u201ceconomic recovery\u201d, and I am going to show that we are much worse off than we were just prior to the last economic crisis.\u00a0 If you go back to 2007, people were feeling really good about things.\u00a0 Houses were being flipped like crazy, the stock market was booming and unemployment was relatively low.\u00a0 But then the financial crisis of 2008 struck, and for a while it felt like the world was coming to an end.\u00a0 Of course it didn\u2019t come to an end \u2013 it was just the first wave of our problems.\u00a0 The waves that come next are going to be the ones that really wipe us out.\u00a0 Unfortunately, because we have experienced a few years of relative stability, many Americans have become convinced that Barack Obama, Janet Yellen and the rest of the folks in Washington D.C. have fixed whatever problems caused the last crisis.\u00a0 Even though all of the numbers are screaming otherwise, there are millions upon millions of people out there that truly believe that everything is going to be okay somehow.\u00a0 We never seem to learn from the past, and when this next economic downturn strikes it is going to do an astonishing amount of damage because we are already in a significantly weakened state from the last one.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis If you believe that ignorance is bliss, you might not want to read this article.\u00a0 I am going to dispel the notion that there has been any sort of \u201ceconomic recovery\u201d, and I am going to show that we […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[150,195,236,239,303,305,312,384,927,655,2084,1138,824],"class_list":["post-6718","post","type-post","status-publish","format-standard","hentry","category-economics","tag-collapse","tag-debt","tag-economic-collapse","tag-economic-crisis","tag-fed","tag-federal-reserve","tag-financial-crisis","tag-great-recession","tag-manipulation","tag-propaganda","tag-statistics","tag-stock-market","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6718"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6718\/revisions"}],"predecessor-version":[{"id":6719,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6718\/revisions\/6719"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}