Then there are the perma-doomers who want to believe that the "real" rate of inflation is 10% and the "real" unemployment rate is 25%. To them, the new depression is just around the corner.
John Williams (Shadowstats) loves these folks.
"Then there are the perma-doomers who want to believe that the "real" rate of inflation is 10% and the "real" unemployment rate is 25%. To them, the new depression is just around the corner."
of course you're right...silly rabble thinking that near 10% unemployment, not including the underemployed, and 1 million houses in America sitting empty is actually a good thing, right...a really good thing....
pardon us our fears.....we should be jumping for joy..../sarcasm/