This Unprecedented Economic Storm Is Just Getting Started
KingWorldNews.com
January 23, 2016
Today one of the top economists in the world sent King World News an incredibly powerful piece warning that this unprecedented economic storm is just getting started. Below is the fantastic piece from Michael Pento.
By Michael Pento of Pento Portfolio Strategies
January 23 – (King World News) – Unprecedented Economic Storm
Economic activity dropped significantly in the first quarters of both 2014 and 2015. During that time the economy, as measured by Gross Domestic Product, grew at a paltry -.9% and .6% respectively. And as you would expect, the con artists on Wall Street tried to come up with a myriad of excuses for these poor performances.
Michael Pento continues: Instead of questioning the unsuccessful strategies of deficit spending and free money, the unanimous consensus arrived on Wall Street was to blame the weather.
For the past two years we have been spoon fed the narrative that unusually cold weather is the reason for poor economic growth.
The Rest…HERE