Why did America definitively die economically during the 1970s? Global trade is skidding south at a breath-taking speed. Plenty of statistics show and support this contention. ZIRP/NIRP are simply adding to problems that only a full-scale collapse can solve. Watching this all unfold. Wanted: more accurate forecasting. Therapy for sensitive university students. The agony of pension cuts. How we can know for sure that we are in a bear market in stocks. The “proof”. The toxic nature of ‘wishful thinking’. The usual dross about the current employment numbers from the Labor Department rumbled. The fate of retired Fed bankers.
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