muses of the moment

November 20, 2012

John Williams from shadowstats.com

You pay for the detail, well worth the money. Here is the summary:

– Barreling Down the Road, Big-Government Spending Tries Careening Around the Pothole of the “Fiscal-Cliff,” and then Accelerates, Blithely Ignoring the “Road-Closed” Sign Ahead
– Do or Die, Incoming Government Is Last Frail Hope for Avoiding Hyperinflation
– Economy Already in Renewed Contraction
– Four-Year High in October Housing Starts Still Is 61% Below 2006 Peak

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