And then there's also THIS chart which shows that the current Dow Jones Industrial Average (DJIA) is trending nearly the identical path leading up to the stock market crash of 1929 and the Great Depression:
Source: Ghost Of 1929 Re-Appears - Pay Attention To The Signals
Just great.
There are one million less people working today than there were the day Obama took office. And the US population has increased by 12 million over that span.
The Deflection Propaganda today is “the crisis is over.” And we we’re supposedly in “recovery” since 2008. In reality the 2008 “bialout” did not MATERIALIZE. (Did not “happen.”)
Instead all caught in the multi-leverage scam, using Federal ties, have been benefiting from continuing QEs. It is no coincidence that the chatter is now that the Tapering is soon to begin at the same time disguised investment companies under “insurance” clothes, are shafting by force of the next scam, Extortion-Care.
The plan, as I’ve said for years, is Work (Concentration) Camp to pay off rent....no ownership.
“If you repeat a lie often enough, people will believe it.”
This from the site entitled “The Economic Collapse Blog”.
;-)
I’m not buying the economic bad news story.
Not when the USA has been adding 1 million barrels@ day in oil production for the last three years —and is on course to add another 1 million barrels@day for each of 2014 and 2015.
Further to extract the oil companies are investing 199 billion dollars in 2014 alone.
Then there’s the 100 billion worth of industrial investment that is occuring in the USA because of low natural gas prices.
This guarantees at least 2% growth no matter what kind of asinine thing the obama people do short of shutting down the whole oil business.