
Deepening Crisis Traps America's Have-nots
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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Deepening Crisis Traps America’s Have-nots
By Ambrose Evans-Pritchard
The US is drifting from a financial crisis to a deeper and more insidious social crisis. Self-congratulation by the US authorities that they have this time avoided a repeat of the 1930s is premature.
There is a telling detail in the US retail chain store data for December. Stephen Lewis from Monument Securities points out that luxury outlets saw an 8.1pc rise from a year ago, but discount stores catering to America’s poorer half rose just 1.2pc.
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