It’s Far Worse Today Than At The Beginning Of 2008 Collapse

"With a non-stop flow of propaganda from Western mainstream media outlets, today Michael Pento warned King World News that despite the propaganda the situation in the world is actually  far worse today than it was at the beginning of the 2008 collapse.  Pento also includes an ominous warning at the end of his piece.

By Michael Pento of Pento Portfolio Strategies

May 17 (King World News) - It’s Far Worse Today Than At The Beginning Of 2008 Collapse

Each year since the recession officially ended in the summer of 2009, Wall Street and Washington have tried to dupe investors into believing that a second half recovery was in store for the stock market and economy. But this promise has failed to be fulfilled each year, as annual GDP growth has not reached north of trend growth (3 percent) since 2005. But with the hope that investors have a perennial case of amnesia, these cheerleaders are yet again trumpeting the illusion that economic growth is about to surge.

The year 2014 didn’t start off so well for those who desperately want investors to be convinced that the economy has healed from the Great Recession...."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/17_Its_Far_Worse_Today_Than_At_The_Beginning_Of_2008_Collapse.html