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Monday
Feb272012
Wake-Up Call - 2/24/12
February 27, 2012 Warnings Not Heeded
Just as the Titanic’s condition was ignored after hitting the iceberg, people remain oblivious of the terrible message being sounded by the U.S. economy on a daily basis. Why the price of oil/gas is soaring. Why the decline in home prices is so much worse than in the Great Depression. Why corporate profits have been giving the illusion of hitting all-time highs recently. More on the absurd National Association of Realtors and their lies and manipulations. Why real estate has not even remotely come close to bottoming out. The massive, unsupportable debt problem suffered by Greece and why America has yet to experience the same fate. Why young people, in particular, need to leave the U.S. Bill Bonner’s final words before leaving on a two-month sabbatical, his first in fourteen years!
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