We reported in 2010 that the American Dream has moved abroad.
We provided additional details in 2013 and 2014.
Today, a very powerful insider - the President of the most powerful Fed bank, the Federal Reserve Bank of New York, Bill Dudley - confirmed that the American Dream has left the house:
Submitted by Howard Kunstler via Kunstler.com,
Washington Continues To Destroy Latin American Reformers
Paul Craig Roberts
it has been a rather quiet session, which saw Japan modestly lower dragged again by a lower USDJPY which hit fresh 17 month lows around 170.6 before staging another modest rebound and halting a six-day run of gains; China bounced after a slightly disappointing CPI print gave hope there is more space for the PBOC to ease; European equities rose, led by Italian banks which surged ahead of a meeting to discuss the rescue of various insolvent Italian banks, while mining stocks jumped buoyed by rising metal prices with signs of a pick-up in Chinese industrial demand.
Former Florida governor and Democratic U.S. Senator Bob Graham has gone on national television in America saying that he believes the 9/11 attacks were an inside job. On Saturday, CBS News released a trailer for an upcoming episode in which Graham claims that 19 hijackers did not commit the attacks on September 11, 2001.