While 'hope'-strewn survey data (see today's Chicago PMI) are staging a self-reinforcing resurgence in the last week or two, 'hard' economic data (that doesn't rely on the emotional responses of humans) has collapsed to its weakest since Feb 2009.
This is the 6th monthly drop in 'hard' economic data in a row, something that has never happened before, pushing the spread between 'hope' and 'reality' to a record high.
Via The Daily Bell
Everything you do and think is racist, you probably just don’t realize it because you’re so super privileged.
You can’t just sit back and hide in your white supremacist neighborhoods anymore. There’s no more abstaining from taking a side on this one. The sins of your ancestors have caught up to you! (Or at least the sins of the ancestors of people who look like you, considering most white Americans are descended from post-Civil War immigrants.)
Based on what we already know about the proposed Trump tax reform, which can be summarized as follows:
This is your website. Support it.
The US Economy Is Failing
Paul Craig Roberts
Do the Wall Street Journal’s editorial page editors read their own newspaper?
Content originally published at iBankCoin.com