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Monday, August 16, 2010

Are You Ready For How Bad It Will Get?

However, I would strongly contend that the recovery was in fact non-existent for the following reasons:
  1. The Government data used to validate the recovery (GPD, unemployment, etc) is clearly massaged if not bordering on outright propaganda
  2. We are in fact in a depression and the “recovery” was simply a bounce in economic activity taking place within the context of a larger economy contraction


Are You Ready For How Bad It Will Get?

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