From Newsmax:
Former Secretary of Labor Robert Reich says the “recovery” is a sham.
“Part of the perceived growth in GDP is due to rising government expenditures,” he says. “But this is smoke and mirrors.”
“The stimulus is reaching its peak and will be smaller in months to come.” Reich recently wrote in The Huffington Post. “And a bigger federal debt..."
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Top SocGen analyst: "Deflationary quicksand will suck us ever lower..."