Since 2000 we have been stuck in a “permanent recession”. Over this period economic policy and financial engineering have merely masked this reality. Unfortunately, all they have achieved has been to reinforce the “permanent recession”. This will continue until the point when markets are finally allowed to clear.
https://www.mises.org/daily/6676/Says-Law-and-the-Permanent-Recession#.UxcnOBotQpo.twitter

GDP Growth is a Scam
What appears to be healthy economic expansion in the headline Real GDP statistics can disguise a chronic and perpetual recession in the private sector, running on borrowed time, and heading

