While we are in fact entangled in a global economy, the blowhards in the mainstream media like to shrug off any disruptions such as Europe, Greece, China, emerging markets, etc. as not having any impact on the seven-year-old recovery & robust growth here in the US.
They like to point to concocted manipulations as evidence of recovery, strength and growth. All illusions. We’ve covered extensively how not counting 93-plus million Americans out of the work force help formulate their fake employment numbers.
Another false recovery they like to whip up and highlight is the nonexistent “Housing Recovery”. Below, compliments of ZeroHedge is how they do it.
If you are really looking, here a couple points to remember. Despite the lowest interest rates in the history of fiat money mortgage applications remain sickeningly low. Also many foreclosed and…
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