Economic reality versus the MOPE (management of perception economics) underway in our MSM convinces me that our economy is a bug searching for a windshield. There not only is NO recovery, but things will be getting worse.
The Bolshevik benevolence of Congress and the policies of The Red Shed are going to wreck us all.
The "real" DJIA adjusted for inflation has only returned 1.64% versus a 2.5% inflation rate (since 2001).
- "Investing" in the Dow today is like playing a mob-run casino in Vegas or Macau.
The Dollar is no "safe haven" either.
We will soon see:
- Higher taxes
- Reduced entitlements
- A grossly devalued currency
*When you see "revenue" on the graph attached, bear in mind that government revenue derives from TAXES (your money). This is the dashed black line.
Sunday, 28 March 2010
Not a "safe haven" & NOT a recovery............from Rico
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