The US economy lurches steadily downward .
April jobs were a massive 20% below forecast and February and March figures have been each taken down a further 10% .
How long before the April figure will be revised down ?
Core inflation is growing and if commodity prices keep increasing , core inflation will break out of its already worrying upward trend . Toward Stagflation .Oil is at a worrying high level in this context ( ca $46) .
There is nothing left except to allow the Inner State to increase wars and reduce debt that way .
With thanks to Zero Hedge , the following two paras are quoted verbatim .
When you see that men get richer by graft and pull than by work, and your laws don’t protect you against them, but protect them against you – you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. – Francisco’s “Money Speech,” from “Atlas Shrugged”
If you reread that , think about how it applies to the Patriot Act, Homeland Security Act, Wall Street, the Justice Department and Hillary Clinton. It’s pretty obvious the U.S. is collapsing economically, politically
and socially.
April jobs were a massive 20% below forecast and February and March figures have been each taken down a further 10% .
How long before the April figure will be revised down ?
Core inflation is growing and if commodity prices keep increasing , core inflation will break out of its already worrying upward trend . Toward Stagflation .Oil is at a worrying high level in this context ( ca $46) .
There is nothing left except to allow the Inner State to increase wars and reduce debt that way .
With thanks to Zero Hedge , the following two paras are quoted verbatim .
When you see that men get richer by graft and pull than by work, and your laws don’t protect you against them, but protect them against you – you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. – Francisco’s “Money Speech,” from “Atlas Shrugged”
If you reread that , think about how it applies to the Patriot Act, Homeland Security Act, Wall Street, the Justice Department and Hillary Clinton. It’s pretty obvious the U.S. is collapsing economically, politically
and socially.
via International Skeptics Forum http://ift.tt/1ObQ3Me
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