![]() | Boom & Bust - Updated |
More woes for the economy today as world financial markets took a nose dive, setting new record losses. the World economy is now facing a possible global panic. All eyes are on Wall St.
Last November, I broke my economic silence and posted an article on the inevitable recession that we’re all headed for. The December that followed, witnessed the owned media beating us over the head with rosy optimism, sunny sales reports and news story after news story about how this Christmas sales season was doing just great. The propaganda was so thick, with so few voices of descent in the crowd, I myself began to question all of the research I poured into that last article. I reminded myself that this was an increasing trend over the past 10 years that the media sings the same tune the Wall St. powers dance to (after all their part of the same family). You know the tune: it’s that one where all the economic news jumps up and down with a big “For Sale” sign when the economy hits a downturn and sings loud sweet praises of the marketplace to the …









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