Paul Craig Roberts: Whatever Became of Economists (and the American Economy)?

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“He discusses the true state of our economy and the destructive effect “globalism” has had on it.”  Admin

According to the official economic fairy tale, the US economy has been in recovery since June 2009.

This fairy tale supports America’s image as the safe haven, an image that keeps the dollar up, the stock market up, and interest rates down. It is an image that causes the massive numbers of unemployed Americans to blame themselves and not the mishandled economy.

This fairy tale survives despite the fact that there is no economic information whatsoever that supports it.

Read More  Paul Craig Roberts: Whatever Became of Economists (and the American Economy)?.