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Economy still turning down

We never really recovered from '08

 

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The longest economic contractions since the 1930s

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Can anyone or anything turn the economy around?

John Williams of ShadowStats cuts through the smoke and mirrors.

What is ShadowStats?

From their website:

"John Williams" Shadow Government Statistics" is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype."

Long story short: It's a very valuable service, it's more reliable than CNBS and Williams is almost never invited to be on mainstream television.



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