Gregory White
Business Insider
September 8, 2010

  • A d v e r t i s e m e n t
  • {openx:49}

David Rosenberg has outlined, in his latest letter, the 13 reasons with this so-called recovery is actually a depression.

Rosenberg sums it up like this:

This is what a depression is all about — an economy that 33 months after a recession begins, with zero policy rates, a stuffed central bank sheet, and a 10% deficit-to-GDP ratio, is still in need of government help for its sustenance.

Fresh food that lasts from eFoods Direct (Ad)

Each one of these 13 reasons is more damning and highlights the true state of the economy: caught in a liquidity trap with little way out.

Read entire article

Infowars' most powerful product is back in stock! Get DNA Force Plus up to 50% off now!


Related Articles


Comments