by Jeff Nielson, Bullion Bulls Canada:
Part I of this series laid out the three conclusions which would be established:
1) The U.S. economy is currently in the midst of a Greater Depression; the worst sustained economic collapse in the history of that nation.
2) Given this collapse; the U.S. does not have one of the world’s stronger economies, but rather it has the weakest economy of any/all major nations.
3) The downward spiral in this Greater Depression is, in fact, a terminal collapse. The final result of this economic devolution can only mean the transformation of the United States into essentially a “Third Word nation”.
The prequel to this provided part of the basis for the first conclusion. It began by showing how one could pretend that an economy which was actually shrinking rapidly was instead “growing” rapidly, by doing nothing more than falsifying one number: the rate of inflation.
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