The Next Three US Government-Backed Bubbles Unveiled
The good times are back!
U.S. GDP declined at a mere 1% annualized rate, after inflation, between April and June.
Consumers only cut back spending at a 1.2% annualized rate during the same period.
Barry Norris, a partner at Argonaut Capital in London, explained how the world economic recovery “could be V-shaped after all.”
To top it all off, the “cash for clunkers” program sparked an auto shopping spree. Dealers moved 250,000 cars off the showroom floor in a few short days. … [visit site to read more]
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