the stocks are up this does not mean that the economy is health we are in a serious serious crisis , this is not the big picture the dollar is weakening the inflation is up foreign stock markets are outperforming the American one , even the stocks in Zimbabwe are up billions percents , but the economy is a mess ...you cannot judge the health of an economy by the nominal stock market especially when you have an inflation..
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THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Thursday, May 7, 2009
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