Markets can fall of their own weight, even as they look for a reason to rally. This one was doing just that on Monday when Nobel Prize- winning Princeton University economist Paul Krugman predicted that the U.S. economy will probably emerge from recession by September. The market woke up from its lethargic trance and rallied sharply on the comments, recouping the morning’s losses.
U.S. Mortgage Applications Collapse, while Propaganda Soars
Not all the efforts of the U.S. propaganda-machine are directed at generating false-hope in the U.S. economy and warping economic statistics beyond recognition. A large component of this campaign is to undermine confidence in other economies – in order to try to make investing in U.S. assets appear to be the least-worst alternative.Of course, there is no need for the U.S.
Inflation the key for U.S. to 'manufacture' positive GDP
The comedy duo of Bernanke & Geithner are still promising an “economic recovery” for the U.S. in the second half of this year, and their faithful, media talking-heads continue to parrot this nonsense.Don't get me wrong here. I'm not suggesting that we couldn't see a positive, GDP reading for the U.S. in the 3rd quarter.
10 Breakout Stock Candidates to Watch Trading Week of June 8
Treasury Department FINALLY exposes banksters' TARP-lies
While the corporate propaganda-machine (i.e. the “free press”) provides little in the way of “news” any more, it has made up for this deficiency (somewhat) by becoming a regular source of comedyThe script-writers at Reuters penned their own hilarious farce on May 31st, titled “Federal Reserve Puzzled by Yield Curve Steepening”.