Why We Might Be On the Verge of Another Financial Crash

By Thom Hartmann

June 30, 2014  |  The denial of fundamental economic principles is setting the world up for another Great Crash.

Although wages have been flat or declining since the West started following Thatchernomics and Reaganomics in the late '70s and early 1980s, the stock market has risen to all-time highs. Billions—hundreds of billions—have been made by individuals on Wall Street.

Meanwhile, over 60,000 factories have closed in United States just in the past 14 years, and over 50 million Americans are either unemployed or underemployed.