Friday, August 2, 2013

Why Another Great Real Estate Crash Is Coming

http://theeconomiccollapseblog.com/archives/why-another-great-real-estate-crash-is-coming
We were originally told that the GDP growth number for the first quarter of 2013 was 2.4 percent.  Then it was revised down to 1.8 percent.  Now it has been revised down to 1.1 percent.
So precisely what are we supposed to believe?
Overall, since Barack Obama has been president the average yearly rate of growth for the U.S. economy has been just over 1 percent.
That isn't very good at all.
But remember, the government numbers have been heavily manipulated to look good.
The reality is even worse.

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