by Jim Sinclair:
This article says, "The US encounters its most sluggish growth levels since the Great Depression." Huffington as a source is most credible.
Has it occurred to anyone that we might be in a later, greater depression that has been hidden by liquidity and MSM MOPE, but is in fact unfolding?
Remember what I told you on more than one occasion, "If you could have lied in 1930 at the level of government would the Great Depression have occurred?" I answered "Yes, later and GREATER."
That is exactly where we are. We are in the MOPEd, "Later and Greater Depression" right now. That is why QE must go to infinity or the house of cards falls. That is the substance in this article. It is not counties but rather countries.
This is why gold must balance the balance sheets of the worst deficit-debt offenders. Just like the why of QE, there simply is no other tool. ...