beneath the waves, idiots like Krugman and Austen Goolsby continue to defend their Keynesian economics but the numbers don’t lie.
EXCERPT: “US Industrial production fell 0.4% MoM in August, its biggest drop since March. However, the 1.1% slump YoY in US Industrial Production – the 12th month in a row – is the longest non-recessionary slump in over 100 years…
Consider the following… America has never suffered a longer decline in US Industrial Production without being in recession…”
The stock market will tank and the Fed will time it so that the Left can blame President Trump, while ignoring the failed eight years of Obungler. Once again, THIS is what happens when idiots vote for an idiot who talks a good game in the locker room but is weak as a kitten when he puts his spikes on! The decline in US industrial production can be blamed on a myriad of factors, i.e., BJ Bubba Clinton’s NAFTA disaster, greedy union goons, high corporate tax, etc, but in the end, the economy is a house of cards, propped up by The Fed in order to enrich themselves before it shits the bed and they can walk away from yet another disaster that WE will pay for.
Consider yourselves warned. Prep. Train. Plan.
SAVED ROUND: The real unemployment rate is 23% (the Gunny figures more like 30% across the board) http://www.shadowstats.com