If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article.
This stupendous degree of utter stupidity goes to a new level of idiocy when it comes to the stock market. The rigged fleecing machine known as Wall Street has gone into hyper-drive since futures dropped by 700 points on the night of Trump’s election. An already extremely overvalued market, as measured by every historically accurate valuation metric, soared by 4,000 points from that futures low – over 20% – to an all-time high. Despite dozens of warning signs and the experience of two 40% to 50% crashes in the last fifteen years, lemming like investors are confident the future is so bright they gotta wear shades….
The narrative about an improving economy, thriving jobs market, and glorious future is bullshit. I know it. You know it. And your establishment puppeteers know it. But only “fake news” sites would dare reveal these inconvenient truths. The willfully ignorant public doesn’t want to know the truth, because that would require critical thinking and making tough choices.
Far from getting stronger, the economy is lurching to the downside. The politicians can disguise some of the weakness with dishonest statistics. Even so, reality inevitably begins to shine through.
The absurdity of government’s economic recovery narrative is revealed as nothing more than a debt financed mirage to allow the .01% ruling class to pillage what remains of the national wealth before initiating another collapse designed to further increase their power and control….. Entire segments of society live under a blanket of lies…..
Foreign born workers account for the vast majority of job creation in America since the crisis.
Perhaps the most disturbing thing about the state of the economy – well, besides the fact that healthcare spending is essentially driving “growth” – is that the labor market has becoming a waiter and bartender creation machine. That’s come at the expense of manufacturing jobs, where skilled workers can actually earn a decent living.
Why Trump Thinks “Unemployment Is probably 28%, 29%, as high as 35%,I even heard recently 42%,”…..The Payroll Jobs Reports ARE Merely Propaganda Statements
“Don’t believe those phony numbers when you hear 4.9 and 5% unemployment. The number’s probably 28%, 29%, as high as 35%, in fact, I even heard recently…….The financial presstitutes do not explore these issues.
If you’re still believing the Bull$hi## being dished to you by the selected spokespuppet-in-chief, you really need to get your head out of the sand.