Friday, February 03, 2012


A dose of unvarnished reality*:

housing starts:


Retail sales:

So... when Obama or the media starts huffing and puffing about some sort of recovery, remember these charts.

We have hit a small plateau, but hang on... The next slide downward is about to hit.

James Cameron's decision to leave America is just the latest of the super rich to get the hell out. They know what's about to happen.

The rest of us who can't leave have only two choices: Prepare or get hammered.

I hope you are one of those doing the prepping.

*Thanks to bluebeerriver.

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