This piece was reprinted by OpEd News with permission or license. It may not be reproduced in any form without permission or license from the source.
Crackdowns target protesters knowing the ruse and complaining publicly.
Today's America reflects the worst of all possible worlds. Hard times indicate tougher ones coming.
America and other global economies are weakening at an alarming rate. Over 80% show declining industrial activity. Economist David Rosenberg called EU summit results "more bones than meat." Reality replaced initial euphoria.
Analysts and media scoundrels praised the outcome. Deception is the name of their game. New ways to reverse economic decline weren't proposed. Cutting near zero interest rates solves nothing.
Nor does central bank money creation for banks, not economic growth. America's in deep trouble. So is Europe. Recession conditions are worsening. Manufacturing in Germany and France are declining. So is Germany's service sector. Spanish bond yields again hit 7%. Depression conditions are deepening.
A Bank of England statement said:
"(A) weaker outlook for UK output growth means that the margin of economic slack is likely to be greater and more persistent."
In other words, BoE governor Mervy King said Britain's economy is lousy.
On July 6, the Wall Street Journal headlined "Jobs Report Revives Fears for Recovery," saying:
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
2
1
1
