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Clear Once Again

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Michael J. Panzner
Financial Armageddon
Published : May 09th, 2011
126 words - Reading time : less than a minute
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Category : Crisis Watch

 

 

 

 

Most people recognize that the stock market has been divorced from reality for quite some time. That said, the relentless propagandizing from the shills on Wall Street sometimes leaves even me thinking that I really must be missing something. But invariably, along comes a bit of fact-based reporting, as with this annotated article from the New York Times' Floyd Norris, "A Recovery Less Robust Than in the ’70s," and all is clear once again.


To judge by the stock market, the recovery from the Great Recession is much stronger than the one after the early 1970s recession, which followed the first oil price shock.


But by most other measures, the current recovery is far weaker.





Click here to read the rest.


Michael J. Panzner
Editor, Financialarmageddon.com

 

 

 

 

 

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Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets and the author of Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, published by Kaplan Publishing.
WebsiteSubscribe to his services
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