By Numerian posted by Michael Collins
The consensus is in and there is strong agreement: the US economy is on the path to a sustained recovery. 2011 will be a year of surprises on the upside, and 2012 will be even better. Among a list of the top 25 economists surveyed, not one of them predicts a recession in 2011. There is hardly any investment strategist or economist to be found who sees any risks serious enough to derail the US economy. Here is just a sample of the consensus thinking that is to be found in end-of-the year forecasts: (Image)
*Economists in universities and on Wall Street have raised their growth projections for next year. Retail sales, industrial production and factory orders are on the upswing, and new claims for unemployment benefits are trending downward. Despite persistently high unemployment, consumer confidence is improving. Large corporations are reporting healthy profits, and the Dow Jones industrial average reached a two-year high this week. – New York Times Continue reading
designed to fail
Sunday 31 January 2010
by: Mark Montgomery, t r u t h o u t | Op-Ed
Over the past dozen years, the US has experienced a series of dangerous and costly systemic failures throughout our security and regulatory framework. The unfettered bubble in technology, missed opportunities to prevent 9/11 – leading to two ongoing wars, the tragic response to Katrina, the largest financial crisis in history, the Fort Hood massacre and the “underwear bomber” incident on Christmas Day all share one commonality.
In each of these cases, data had been collected by US government agencies that contained a high probability of either entirely preventing or substantially mitigating each event, if only the information had been recognized and acted upon within the window of time allowed by circumstances. In case after case, repeated warnings by recognized experts, sourced internally and externally, were ignored or suppressed.
Posted in Economy Economics, Exopolitics, MSM Shills, NWO, Obama and Company, Psy-Ops
Tagged Complexity, Designed to Fail, Economic decline, Failure, Functionality, Logic, Oversight, Regulation, security, Warnings