Showing posts from October 24, 2012
Zingers like this are why Max is so hilarious. John from Shadow Stats was on saying that things are not looking rosy economically. Max has been screaming it forever it seems and has even put due date on another shock (April 2013). MSM is now talking about the slowdown. Lakshman Achuthan and his group are saying that a new recession has begun and that downward revisions to the data will make it clear. US GDP was revised down in fact. So, when will the markets put reality into focus?