The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
Bill BonnerPrinting up extra money - with no backing - used to be the sort of thing only counterfeiters did. Now it is done by the central bankers and Treasury Secretaries themselves. They don't apologize for it. They don't hang their heads and contemplate blowing their brains out. Instead, they're proud of it... announcing that they 'saved civilization,' or some such claptrap.
Bill BonnerYou can forget about recovery. There is no recovery - and there's not going to be any recovery. Recovery is an impossibility.
Bill Bonner