Being one of the forgotten, dropped off the list I am getting quite agitated with how both sides “celebrate” and praise bad economic news. It wouldn’t matter if UE was at 7% adding 300,000 jobs either. We don’t make anything here. Until that changes food stamp use, poverty and unemployment numbers will continue to be “cooked”. All of which to keep you calm and easy that everything is under control.
As Levin makes it clear this is all propaganda, the dark underlying truth is…
The US is NOT in a recovery, is NOT in a recession but we are in the early stages of a depression. The powers that be will never use the “D” word aka the truth because of what will follow. This depression will not last long and move fast into a full collapse.
Mass hysteria starting with financial markets collapsing in the US and world. Dollar will drop in value with food and commodity prices spiking, followed by bank closings everywhere as people will attempt to pull what cash they have out.
Social unrest will begin. First riots at shelters and food distribution centers then this will be followed with the inevitable uprising of the people against government. Use your imagination as to how things play out afterwards…..