- Richard Russell – Why The Collapse In The US Will Be Terrifying!
With continued chaos and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, is warning that what is left of the middle class in America is imploding as the world remains mired in a depression and the US government continues to lie to its people. He also warned that the once massive U.S. gold hoard is now gone.
Is there any way of discerning the truth about the US economy? Famed John Williams of Shadow Government Statistics makes a living by dissecting government statistics and providing us with the truth. The following is from his most recent report:
If the economy will not grow, just redefine it. The US economy continues to stagnate and turn down anew, as part of the deepest and longest economic downturn seen since the Great Depression. With actual business activity moribund, the US government once again has turned to redefining a major economic series, so as to boost a reported activity.