Tuesday, May 19, 2015
Revelation Awaits The Age of Atrophy
U.S. Housing Starts going back to the 1950s, in thousands
U.S. housing starts divided by U.S. population:
Today's six-year-old "recovery" is below the lowest level from every other recession !!!
The real story:
Housing starts up 2.8% since 2013 i.e. housing starts tanked this past January, making April's catch-up "surge" seem huge:
Millions of homeowners are still underwater from 2007
U.S. Home Price Index since Y2K:
Those Third World imports just keep surging in:
Forward U.S. Deflation Expectations via RINF ETF:
"The structure of RINF means that this product should appreciate as the “breakeven” rate of inflation increases"
It's only about spinning the bullshit for the old age home
Posted by Mac10 at 3:24 PM