The consensus believes that the US has just begun a long economic recovery, whereas we believe it is already quite advanced and vulnerable to events in Asia. Falling US MSCI profits are an extremely important straw in the wind that investors will ignore at their peril.” – Albert Edwards
https://www.zerohedge.com/news/2014-03-25/albert-edwards-destroys-solid-earnings-growth-myth
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
