First quarter estimates are grim – up 0.2% but almost certain to be revised down into negative territory. Plenty of statistics in support of this. The consumer simply has no money nor access to any. An interview with a supporter of the TPP and his ridiculous, nonsensical arguments. The imminent economic demise of Chicago and direct comparisons with Detroit. One of the chief gauges of the economy (which cannot lie) is rates for intermodal containers by rail. Rates are falling hard. Greece moving ever-closer to default. The U.S. slammed over its rights record at the United Nations’ Human Rights Council. Lack of infrastructural improvements. Stock market comment. The insolvency of the FDIC. More on what they are not telling you about unemployment.
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