What is with rates???

That belongs in the political forum.

 

does it really mattterrrr?

why must the comments be contained to one section only???

 

A lot of us don't like watching cat fights, and political comments seem to always lead that way...

 

Say it ain't so!

 

You don't even need a lot of training or practice in reading charts, to understand this one.

The left side of this image is what you are being sold.
The right side is the reality, so far.



A major part of the economy was tied to housing.

This is a chart of the housing recovery.
There is no recovery in housing nor the economy at large.
Regardless of the propaganda.

Of course, you are aware of the shadow inventory right?
That is the foreclosed homes that are being held off of the market.

 

left my binoculars at home, whachootalkinboutWillis ?

 

Lol, my wife will think I really have lost it when I go get the rifle out of the closet so I can use the scope to read his graph.

 

It is really quite simple.
The left side of the graph shows improvement.

The right side of the graph puts into perspective, over a longer time frame.
We fell off a cliff. We did not bounce back up to the top.
Instead, we are running along the bottom, a lot like riding over wash-board roads.

And, that landing from the fall off the cliff...
That was the short drop vs the real drop, which we seem about ready to take.
Don't ask for a time frame though. By all accounts, the big drop should have already happened.

I have no way of knowing how up to date you might be, regarding current events.
Neither am I here to try to convince anyone of anything.

It is a given than ain't nobody gonna be sold on nothing, unless they sell themselves.
All I can do is point you in the right direction. It is a take it or leave it proposition.

Depending on your available time and abilities, here are a couple of links from which you can start.
This stuff is not for the faint of heart.

John Williams: How to Survive the Illusion of Economic Recovery
http://www.marketoracle.co.uk/Article38919.html

Shocking Numbers That Show The Media Is Lying To You About Unemployment In America
http://theeconomiccollapseblog.com/...is-lying-to-you-about-unemployment-in-america

Jim Willie: Cyprus is the Flash Point that will Result in Massive Shift into Gold & Silver
http://silverdoctors.com/tag/jim-willie/

The U.S. Economy Is Now Dangerously Detached From Reality
http://www.alt-market.com/articles/1326-the-us-economy-is-now-dangerously-detached-from-reality

Before you ask, I have 3 tabs full of news feeds.
Keeping up with current events can be a full time endeavor.
You are responsible for your own knowledge and education.
And, ignorance truly is bliss, until it isn't.