“It’s Just An Illusion” Santelli & Schiff Slam Fed-Watchers’ “Blind-Eye” To Yellen’s “Phony Recovery”
by Tyler Durden
ZeroHedge.com
04/09/2016
“This economy would have to improve dramatically to get to mediocre,” warns Schiff, otherwise, as Santelli rages they would be hiking rates and talking confidently, adding that either >Fed-watchers are “going along with it to earn a paycheck” – just as they did in 2008 – or “they are ignorant.” After just over 3 minutes of painful reality checks, Schiff sums up it all up perfectly, reflecting on the Sanders-Trump phenomena, “behind all those phony jobs numbers are a lot of angry Americans as everyone pretends this is a legitimate recovery.”
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