Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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Crazy scary charts are beyond anything anyone was predicting 3 years ago. The source being the Federal Reserve System means that anyone anywhere can challenge them. Obviously the trends cannot continue but even so the Fed is doing a good job of keeping the economy going - without the Fed the economy would just stop. Over the last year, the US economy has been restructured with hardly a peep - the elections are an exercise in delusion - sort of like you're in New Orleans during Hurricane Katrina and you get to choose your radio station.
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Crazy scary charts are beyond anything anyone was predicting 3 years ago. The source being the Federal Reserve System means that anyone anywhere can challenge them. Obviously the trends cannot continue but even so the Fed is doing a good job of keeping the economy going - without the Fed the economy would just stop. Over the last year, the US economy has been restructured with hardly a peep - the elections are an exercise in delusion - sort of like you're in New Orleans during Hurricane Katrina and you get to choose your radio station.
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