Loading...

John Williams – Consumers Crushed & Economy Collapsed

4/1/12
From Kingworldnews.com

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 more here..

GATA.org
Selling Gold | Gold Bars for Sale | Buy Gold Online | Sell My Gold | Gold Buying | Gold Coins for Sale | Buy Gold and Silver Bars | Where to Buy Gold Bars
Sell Silver | Selling Silver Coins | Where to Buy Silver | Buy Silver Bullion | Buy Silver Eagles | Silver Coins for Sale | Silver Bullion Dealers | Coin Shops Near Me