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Автор: Arhustyr
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08.06.2009 15:56 |
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More Financial Turmoil Ahead: A Stock Market Bear Rally Built on Sand
by Bob Chapman A recovery is supposed to be in the works in the midst of increased savings, declining debt balances on credit cards, more bankruptcies, higher unemployment and new wave of foreclosures. Consumer participation in GDP is down from 72% to 70.4%. Bank and other financial firms’ balance sheets are what they say they are and we have a stock market bear rally built on sand just as we had in 1931. And, lest we forget, bogus government statistics calculated to confuse professionals and investors alike.
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