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Below you will find the latest 10 Daily Reckoning articles for you to read and enjoy.
The fact is, there is no recovery... and no recovery is possible... and investors are beginning to realize it.
"We're screwed... so are you..." said a friend.
The supply of houses for sales is growing – thanks to record foreclosures. The demand is falling. Prices will come down too.
Stocks went down early in the summer. We thought that was the beginning of the big "second shock" we've been waiting for. But we were wrong. The stock market rebounded.
The unemployed alone are greater than the entire population of Cambodia, for example. And then there are the 40 million on food stamps.
Last week, the Berlin government announced the best results since the wall fell in '89
Slowly, the idea of 'recovery' is fading. People are beginning to realize that we are in a Great Correction, not a typical post-war recession.
The stock market looks like it wants to roll over and the Great Correction continues...
Generally, you are better off not reading the paper
US stocks have been teetering on the top of a wall for weeks. Someone should give them a shove!