US Economic Forecast for 2012 and the Election Year Cycle

January 3, 2012 by · Leave a Comment 

When it comes to business cycles, the former rules no longer seem to apply. The seminal events that changed the economic landscape after the 2008 financial crash still points to an uncertain future and marginal recovery. If you watch CNBC or Bloomberg business news, you hear that a modest recovery is in place. Accepting this kind of reporting may temporarily make you feel better, but in the real economy, the prospects for a rebound are mere fiction. Prosperity only exists for the chums of the insider financial system, who are immune from actual market conditions. Under the privileged and favoritism model, political subsidies and bailouts are more important than creative industry or innovative execution.

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