Rebound? Recovery? Growth? Sorry, not for a very, very long time. The ghastly Fed experiment with massive lending will take decades to unravel. China’s implosion will not help. Idiotic North Korean claims are rivaled at home with such absurdities as ‘consequence-free debt’, ‘national debt doesn’t matter’, ‘you can print your way to prosperity’. Chairman of the OECD says things are worse than in 2007/8. Quick word about gold. How the MSM tries to spin consumer spending in a positive light. Why the economy is going to be much worse than in 2008. More idiotic quotes by the MSM. Corporate defaults at their highest since 2009.
This is a final request for those of you who have not donated to do so. Despite my strongly worded call for financial contributions from you, many hundreds of you are ignoring me and continuing to listen to the show as if nothing had happened and you are clearly calling my bluff. This is unfortunate.
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