Dubai Tel :+ 971 5 03061895
Email: info@myglobalinvestments.com


  HOME   BUY GOLD & SILVER    OTHER SERVICES    WHY INVEST    HOW IT WORKS    ABOUT US    KNOWLEDGE BASE    TESTIMONIALS    CONTACT  
Williams: Consumers Crushed & Economy Collapsed
http://kingworldnews.com
Posted on Sunday, April 01, 2012

Bookmark and Share
Investors have expressed confusion recently because parts of the economy are clearly collapsed, but restaurants remain packed in many areas. John Williams clears up the confusion by demonstrating that real GDP remains collapsed, and that the hype from Wall Street about a recovery is a lie. Williams, who founded ShadowStats, also illustrates, in reality, how the consumer remains "crushed." Here is what Williams had to say about the situation: "Broad U.S. business activity remains far from being recovered, despite the ongoing GDP-reporting nonsense that shows inflation-adjusted economic activity above the peak levels that preceded the 2007 recession."

Read the rest at the original source.





Join Our Metals Investing Email List

Learn how the economic system deprives you of your wealth and what you can do to protect your wealth and financial assets.
Your Name:
Your Email:
Your privacy is guaranteed, your information is confidential and you can unsubscribe at anytime.

Copyright © 2014 . All rights reserved. RSSTagsPrivacyLegal and Terms of Use