U.S. recovery is kaput


http://finance.fortune.cnn.com/2011/06/08/u-s-recovery-rest-in-peace/?iid=HP_River

I won’t write anything here that I have written before. The article speaks for itself. I have discussed all the factors mentioned in it to exhaustion; consumers without jobs or with meager wages do not consume much.

The economy needs shock therapy and that is outlined in my article:

Inflation without growth – my remedies

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