The magnitude of financial implosion has grown steadily throughout this lying clusterfuck. It's currently at level 12 out of 10...Because there's an unlimited supply of con artists willing to inform the zombies that reality doesn't matter...
ZH: April 12, 2016
April Retail Sales Plunge Most Since 2005
Mind the Gap
Macy's:
Chasmic oil supply/demand imbalance, means nothing
Negative global interest rates, means nothing
Collapsing global trade, means nothing
Imploding retail, means nothing
Non-existent IPO market, means nothing
U.S. GDP at .1% despite a 2.5% deficit, means nothing
Bubble in recession stocks, means nothing
Global Growth slowing, means nothing
"In its latest World Economic Outlook, the IMF forecast global economic growth of 3.2 percent this year, compared to a forecast of 3.4 percent in January. The growth estimate also was lowered in July and October of last year."
