Recession Information Suppression by CNBC?
Why did CNBC wait until after the election to tell us this? It seems that there had to be a coordinated effort to keep this information suppressed until after Obama had won reelection.
This is why we have to render the main stream media “useless.” It must be done, so we have the truth.
All the problems investors face—from a fiscal meltdown to the various economic woes around the world—add up to one daunting prospect: Another possible recession just over the horizon.
As the financial world puts Tuesday’s presidential election behind it, the light in the tunnel could be an economic freight train.
Slowing corporate profits, the remnants of Superstorm Sandy and the ramifications of the “fiscal cliff” in Washington are expected to result in at least two quarters of slow or no growth that could make investing even trickier than it was during the ups and downs of 2012.
“The other overriding problem is we never really gained true escape velocity this cycle,” David Rosenberg, economist and strategist at Gluskin Sheff in Toronto, told CNBC. (Read More: CEOs to Washington: Get a ‘Fiscal Cliff’ Deal Done)
That “escape velocity” refers to the strength an economy shows in which it catapults itself out of a tight range of growth and can withstand shocks such as those posed in the U.S.by