rber

Are Things As Bad as They Seem?

The US economic buildout since 2003 due to the vast sums of money released by the fed and the housing atm in parallel with the real/shadow bank driven housing bubble is crushing the retrenching american consumer. The subsequent economic fallout has exposed all the weak areas of the economy and has/will continue to claim victims. The consumer represents roughly 70% economy. There will be no recovery until they economy and the consumer rebalance.