09 July 2010

US Housing Crash; If It Bleeds, It's Buried; Congress Fiddles While the Economy Burns

Rumours of an economic recovery in the US seem to be greatly exaggerated.

The mainstream media, Wall Street, and Washington have expanded their policy of 'extend and pretend' to 'if it bleeds, it's buried.'

h/t to Michael David White's Housing Story for the charts and the tag line.