Posted by Curt on 10 December, 2013 at 10:07 am. 2 comments already!



You are in a maze of twisty little passages all alike. Alas, they all lead to:

37 reasons why recovery is a complete fraud(there’s only a few on this list that are throwaway filler)

…Sadly, all of those “emergency measures” do not appear to have done much at all. The percentage of Americans that have a job has stayed remarkably flat since the end of 2009, median household income has fallen for five years in a row, and the rate of homeownership in the United States has fallen for eight years in a row. Anyone that claims that the U.S. economy is experiencing a “recovery” is simply not telling the truth. The following are 37 reasons why “the economic recovery of 2013” is a giant lie…

One of the most terrifying, number 25 on ZH’s list: the velocity of money has cratered to a post-WWII low.

People are hunkering down, and hunkering down VERY HARD. The velocity of money now is apparently slower than during the Great Depression (You want to look at the last chart in that dude’s blog post for the Federal Reserve chart that goes back to the great depression).

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