Posted May 10, 2013 by Martin Armstrong
The private sector continues to expand albeit modestly. This is not a long-term trend. The US economy will turn down 2015.75 for a host of reasons, rising dollar, declining sales to Europe and its recession turns into depression.
This is what we have been warning about. Not all countries implode at the same time. It is a series of dominoes. Europe and Japan must tip over forcing capital to concentrate in the United States. That will have profound consequences and set the political ball rolling down the hill. This is NECESSARY to create change. If nothing happens, they will do nothing. They react only to crisis.