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.
09 July 2010
US Housing Crash; If It Bleeds, It's Buried; Congress Fiddles While the Economy Burns
Category:
financial fraud,
financial reform,
Housing Bubble,
Housing Crash