Economy

Graph highlights the newly inflated real estate bubble.

The economy continues to decline.

"According to a report from the National Association of Realtors home sales plunged significantly in the month of September. So much so that it is the single largest drop in signed home sales in 40 months."

That sounds like an indicator the housing bubble is popping.

"We are very closely approaching 2007 levels of personal and business debt. Likewise, we’re reaching new highs on stock market exchanges and home prices seemed to be recovering to boot.
But the real question is… how can we possibly be in a recovery when millions of Americans remain unemployed and underpaid?
How is it possible that home prices were rising and sales increasing while a record 107 million Americans received government distributions?
How can we be out of a recession when nearly 50 million Americans – fully 23 million households, or about 20% – are dependent on food stamps?
The answer is simple.
The entire economy is now a complete sham."

Yes it is.

"When experts say we’re out of the recession because the economy is growing, it’s important to understand that the purported “growth” is simply inflation making it’s way into the system.
It’s the very same reason for why stock markets have once again reached record highs (none of these company’s earnings justify their outrageous stock prices!), and why home prices didn’t continue to collapse.
They injected the system, literally, with trillions of dollars to keep prices afloat and avoid a deflationary depression."

It's a sham.

Americans are taking on record levels of debt again. It's going to end worse this time than it did in 2007.