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How Good or Bad Is the Economy? What Are the Experts Saying? Do They Know What They Are Talking About?
The state of the economy, worldwide, is of great concern. The signs of recession are spreading. How long until it hits? How long will it last?
These questions relate to jobs, business profits, and the stock market. People's career prospects are on the line.
The experts disagree, as always. This much is clear: there were no warnings from any well-known economist in late 2007 that the American economy was threatened by a recession. Ben Bernanke denied it repeatedly. Yet it is obvious that something is seriously wrong with the financial sector of the economy. Real estate is in the worst recession since 1940.
I sounded the warning on the end of the real estate boom and the threat to the banks in November, 2005. What I thought would happen is now happening.
Here, you can stay informed regarding economic indicators and the state of the economy.
The warnings are all around us . . . at the top of Pareto's pyramid. keep reading
This was not expected. There is now a clear pattern. keep reading
Commercial loans are up. Does this mean a recession is unlikely? Some people think so. What about you? keep reading
The two things are long-shots. Literally. keep reading
What has gone up is going to come down . . . hard. keep reading
The blind are leading the blind into the ditch. keep reading
These people guard their tongues. That's why this admission is scary. keep reading
"Made in China" is increasing. "Made in the USA" isn't. keep reading
The experts are not going to sound a warning. The mainstream media regard this as a one-off event. It isn't. keep reading
Maybe they are in yours, too. This is a bubble top indicator. keep reading
What's great for manufacturing is bad news for stupid bankers. keep reading