Thursday, December 18, 2014

The obvious is sometimes the hardest to see (accept).  Mr. Stockman truly lays it out.  If you can tolerate the  ALL the obvious data than do NOT MISS THIS...

The current illusion of recovery is a result mainly of windfalls to the financial asset owning upper strata, the explosion of transfer payments funded with borrowed public money and another supply-side bubble—-this time in the energy sector and its suppliers and infrastructure.

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