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Monday, 13 July 2015

It's all OK. Seriously?..................from Rico

If it's ALL very OK, and the US has a "recovery" and the FED is talking about raising interest rates...WHY are the charts doing THIS?
- Retail sales have fallen, and they can't get up.
- Wholesale sales have collapsed.
 
The US economy is 70% consumption, but to be a 'consumer' you have to have money to spend.
- Well, duh!



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