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US, Europe Likely On Track to Become Failed Economies

Polls in the US show that 70-80% of Americans think their country’s economy “is getting worse and is being mismanaged,” says US economist and former Wall Street analyst Michael Hudson.During an interview with Sputnik, Hudson argued that the US gross domestic product growth occurs only for the 10% of the population, with the remaining 90% of Americans being left empty-handed.

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