Blog/Uncategorized
Posted Jul 18, 2013 by Martin Armstrong
This is precisely what we are talking about. The rise in unemployment will be furthered by the continued collapse in state revenue that will force reductions in state employees. In the USA, the city of Detroit filed for bankruptcy. This is the trend we face and government is honestly too stupid to see the trend right before their eyes. This is STAGFLATION – rising costs with a decline in economic growth
Categories: Uncategorized
