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-- sovereign debt problems rage across the world financial scene;"
-- across the board, economic fundamentals signal worsening hard times;
-- unemployment is increasing, not decreasing, accurate measures putting it over 20%, not the bogus Labor Department figures, hiding the real level;
-- the "warning signs can't be missed, they are all around (us); don't be fooled by smoke and mirrors; stick with reality," a dark one Wall Street and Washington engineered and won't explain;
-- as a result, stock and commodity prices are fading; "bonds could be topping out;"
-- the US economy may "collapse into a deflationary depression;" and
-- America's unemployed won't get extended benefits, but so-called "financial reform" pleases Wall Street, the public again stiff-armed by Congress and the White House, Democrats as corrupted as Republicans.
Economist David Rosenberg is just as negative, publishing daily assessments, the kinds not heard in the mainstream, producing fantasy ones to deceive and defraud, claiming the recession is over, prosperity just ahead, the same all is well theme pundits and politicians repeated at the onset of the Great Depression, what was wrong then and again now. Only a few honest analysts explain it.
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