Quote:
Originally Posted by Arnox
Economy goes to shit
People start hating the economy
Parts of economy get better
Twisted statistics and news reports make everything okay
People start to trust economy
Economy fixes itself
self-fulfilling prophecy, in short.
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In a way this is true Government puts out propaganda people believe the BS and start to spend again. Housing is up in CA because so many foreclosures are selling for 50cent on the $. Its all smoke and mirrors. What i see is millions out of work, jobs disappearing never to appear again and people who are frightened for their lives taking huge pay cuts just to stay in work. Its not limited to the USA Europe especially the UK is in one hell of a mess.