Monday, February 29, 2016

What Happens Next?.....All The Deniers Are Going To Be Very Surprised!

What Happens Next?.....All The Deniers Are Going To Be Very Surprised!

With so much riding on the American "consumer" - given the collapse of the US manufacturing industry and massive mal-investment and 
over-stocking,falsely signalled by The Fed's "help" - one wonders just what happens next as the Services economy begins to roll over and the gap between the consumer and industrial America - which has never, in over 30 years, been wider - converges back to a new normal dystopia.

The industrial and non-industrial parts of the economy have recently disconnected for only the third time in the past 40 years and this is by far the biggest disconnect.

It's different this time...yes it is, it's worse than ever!






 

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