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Is The U.S. Economy In Serious Trouble?
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
truthingold.blogspot.com / By Dave in Denver / April 8, 2013
The Federal Reserve should continue buying bonds through this year due to a “scarring” of the labor market, and even more aggressive policies may be warranted if unemployment remains persistently high, a top Fed official said on Friday. – Eric Rosengren, Boston Fed Head from Reuters LINK
That an insider from a high level in the Federal Reserve would remark in response to Friday’s jobs (or rather, “jobless”) report that more QE may be needed kinda makes you wonder what the “insiders” are seeing that is not being accurately reported by politicians, Wall Street and the media.
I took a stab at looking at some of the data that might not make it into your daily mainstream media news regimen in order to shed some light on the “real” economy:
With the ability of the consumer to spend as represented by retail gasoline sales, the likelihood of a plunge in U.S. exports to Europe and the high probability that the real estate “boomlet” is ending, the U.S. economy could go into a tailspin.
Thanks to BrotherJohnF
2013-04-08 11:03:14
Source: http://silveristhenew.com/2013/04/08/is-the-u-s-economy-in-serious-trouble/
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