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by Jeff Nielson
Bullion Bulls Canada
It’s impossible to cover developments in the global economy, and the reporting of those developments without feeling a lot like Alice in Wonderland – surrounded by legions of “Mad Hatters”. This is especially true when covering the realm of anti-logic known as the U.S. economy.
We’re told that the U.S. economy has been experiencing an “economic recovery” for the past 3+ years – led by manufacturing growth – while its energy consumption has plummeted so fast that the world’s great Energy Glutton is now a “net-energy exporter.”
We watch reports of U.S. home-builders starting construction on roughly twice as many homes as they sell, month after month, year after year – and then the media Mad Hatters tell us that the inventories of unsold new homes have been plummeting downward all this time.
Continue Reading at BullionBullsCanada.com…
2012-08-20 11:44:34
Source: http://financialsurvivalnetwork.com/2012/08/zero-inflation-in-u-s-hyperinflation-warning/