Mar 302011
 

My contention is that we are not in a recovery but rather a deep recession headed on our way to a Depression. Government and media propaganda has run overtime to try to pretend that matters are improving. The largest fiscal and monetary stimuli in the history of the world were used to “juice” the numbers, with little effect.

Michael Panzer has the same take as expressed in his latest post. To read the full article, click on the title below.

More Than a Little Doubt

by Michael Panzner

For those who believe, as I do, that the U.S. economy is in far worse shape than Washington and Wall Street have let on, here are five recent reports that cast more than a little doubt on the official story of how things are going.

 

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