The Election Economic Surge Has Faded,Data Shows Something Horrific Is Headed Our Way
IMF says Greece needs to sacrifice more. After 50 weeks Caterpillar finally has one week that hit 1% sales and its because of China. The economy is declining rapidly and it will accelerate as we move along into this year. Banks in Spain are insolvent and Deutsche Bank says it was fun while it lasted but the economic election surge is over. The economy is at a point where the hard data is showing we are already in a recession and headed for a horrific collapse.