Sunday, May 3, 2015

16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here

What's even more interesting than the list is the revelation that the US has been in a non-stop recession since 2005... just follow the link to shadowstat.com...






(Zero Hedge) If U.S. economic growth falls any lower, we are officially going to be in recession territory. On Wednesday, we learned that U.S. GDP grew at a 0.2 percent annual rate in the first quarter of 2015. That was much lower than all of the “experts” were projecting.

And of course there are all sorts of questions whether the GDP numbers the government feeds us are legitimate anyway. According to John Williams of shadowstats.com, if honest numbers were used they would show that U.S. GDP growth has been continuously negative since 2005.

But even if we consider the number that the government has given us to be the "real" number, it still shows that the U.S. economy has stalled out. It is almost as if we have hit a “turning point”, and there are many out there (including myself) that believe that the next major economic downturn is dead ahead...

Read The Full Story

No comments:

Post a Comment

Posted By: Chris Carmouche