"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Crash In US Economic Fundamentals Is Accelerating
Submitted by Melinda L. Secor on Mon, 2019-05-13 01:00
"When looking at the health of an economic system it is impossible to gauge growth or stability by only taking two or three indicators into account. The problem is, this is exactly what central banks and governments tend to do. In fact, governments and central banks wildly and deliberately promote certain indicators as the signals everyone should care about while ignoring a whole host of other fundamentals that do not fit their 'recovery' narrative. When these few chosen indicators don't read well either, they rig the numbers in their favor."
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