U.S. economy on the brink: Layoffs surge, credit card debt soars, and real unemployment nears 10%

 The U.S. economy may be heading from a boom phase characterized by overproduction to a recession marked by rising unemployment and homelessness. This misery is part of the regular capitalist economic cycle, which moves … Continue reading U.S. economy on the brink: Layoffs surge, credit card debt soars, and real unemployment nears 10%