Authored by Paul Craig Roberts,
When one looks at the deplorable state of the world, one cannot help but wonder at the insouciance of the American people. Where are they? Do they exist or are they a myth? Have they been put to sleep by an evil demon? Are they so lost in The Matrix that they cannot get out?
Americans are fat. And they’re getting fatter all the time.
It was just last month when we showed you a series of graphics that demonstrated how it came to this. In short, average calories available to Americans jumped 25 percent to 2500, between 1970 and 2010. And it wasn’t because the US added a fourth meal to the day.
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Wow…things are certainly happening faster than I expected. As January kicked off the new year, I posted my outlook for 2016 in which I discussed why, despite views of Goldman Sachs and many others, interest rates were going lower rather than higher.
Donald Trump is no fan of illegal immigrants.
The problem, Trump reckons, is that Mexico “isn’t sending their best people.” “They’re bringing drugs. They’re bringing crime. They’re rapists.” the bellicose billionaire famously remarked last summer when his bid for The White House was still largely regarded as a sideshow.
“Some, I assume, are good people,” he added, apparently realizing that what he just said might be rather inflammatory.
In his final state-of-the-union address, President Obama famously accused anyone who dares to question the strength of the US economic "recovery" of "peddling fiction."
Shortly thereafter, we learned that the US economy grew at a paltry 0.69% in Q4. Below estimates.