CNBC: April 24, 2015
The U.S. is the only major economy that's "growing"
"It could be called the Great American Dichotomy: As the rest of the world struggles, the American economy continues to slowly grow. But some traders say that investors are making a big mistake if they think this divergence will continue forever."
The best illusion the Grandkids' money can buy:
U.S. GDP adjusted for Federal Debt:
Total GDP - Total Debt:
A mega-lie, only a corrupt old age home would believe:
Year over year change: We've never seen this before: STILL borrowing GDP "growth" six years into pseudo-recovery ...And deficits are forecast to rise from this point forward :
To recap, the tallest midget in the circus is borrowing its entire year over year increase in GDP, and then some. The rest of the world is worse off. Europe overall borrows 2% of GDP for a 0% growth rate.
From BRICs to BRICKS: The failure of Globalization
Aside from India, China, Brazil and Russia are all hitting the BRIC wall of reality
The weakest link:
Submerging Market rising wedge with Oil: The next leg down breaks the trend line:
Only Ponzi debt accumulation forestalls Third World convergence.
