The Phaserl


Economic Indicators Not So Contained As Politicians Pretend

from Gold Silver Worlds:

What is the consistent message that our politicians keep on conveying? Right, everything is contained. The problem arises when politicians talk about economy they simply look at it differently.

In the past couple of weeks there has been an accumulation of worrying economic indicators, to say the least. This short article provides an overview. Is it a coincidence that gold and silver crashed, just like in the summer of 2008 (a couple of months before the Lehman collapse)?

Telegraph writes: “A growing trend towards excessive risk-taking and lack of action to repair broken bank balance sheets could trigger a “chronic” new phase in the financial crisis, the International Monetary Fund has warned.”

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