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Monty Pelerin ~ EconomicNoise.com
Brace yourselves for continuing headlines like these from yesterday’s DrudgeReport:
Chinese Yuan Hits Record High Against US Dollar…
Starving Horses Serious Problem As Hay Prices Continue To Skyrocket…
Stocks continue post-election drop…
Faber: Prepare for Massive Market Meltdown…
This economy is not improving; it is dying. Economies die slowly. We are now five years into this economic malaise with no recovery either in sight or even possible given current policies.
The deterioration in the economy and living standards will continue to decline. There will be no recovery; there will be a complete and utter collapse of the economy and society as we know it.
http://www.economicnoise.com/2012/11/15/slouching-to-armageddon/