Larry Lindsey – What The World Is Now Witnessing Is Unprecedented

Saturday, April 8, 2017
By Paul Martin
April 08, 2017

On the heels of the U.S. attack on Syria, the man who served three U.S. presidents and was also a governor of the Federal Reserve, told King World News that what we are now witnessing is unprecedented.

Eric King: “When you look at the U.S. economy, Larry, there’s a rot that’s underneath it. John Williams of Shadowstats keeps track of the real unemployment, and when he quantifies it the way they used to in the 1980s it’s around 23%. We haven’t really seen it come off of that 23% figure yet.

Eric King continues: “There are a large number of unemployed, especially when you look at the amount of people who aren’t even trying to get work anymore. So this economy appears phony to many people. I will give you an example of what we just saw hit the newswire about the auto sector and the crashing prices in the used car market. When the 2008/2009 collapse happened, we printed all of this money and we borrowed from our future.

The rest…HERE

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