This guy is as bad as those in the 30s saying the exact same things. I’ve been reading “The Great Depression - A Diary” which is fascinating.
Some quotes:
June 1933
“People must be optimistic because automobile sales for the past 60 days have reached record proportion...The upturn continues without interruption...The boom continues and prices soar upward in the most spectacular recovery the world has ever seen. I still cannot believe it is permanent.”
July 1933
“Industry continues to boom and the entire public seems to be speculating in the stock market. Almost as bad as 1929....The whole recovery has been so spectacular as to be almost unbelievable. Because so much of it is based on inflation theories I have doubted its permanency. The next few months ought to tell the story...Col Ayres of the Cleveland Trust Bank says in his bulletin that he is convinced the depression definitely turned the corner between the 1st and 2nd quarter of 1933.”
The exact crap is going on today. Everyone out touting the so-called ‘recovery’ and just watch. Another crash is inevitable.
We are in a depression and if there were any truth left in media and government... we would not even be debating that fact.
LLS