Are you tired of hearing how great the economy is? Many of us see the writing on the wall and realize that no matter what Treasury Secretary Paulson might say, this economy is faltering. Between the weak dollar, exploding trade deficits, budget deficits, the housing housing bubble implosion, credit crunch, layoffs and anemic unemployment numbers we are heading into an unwinding of one of the largest ponzi schemes in history.
I'm no "expert" but plenty of us non experts have seen this coming. And unlike those "experts" I make no great claims to my market prescience. I look at fundamentals and what I see is a country that is structurally out of whack on a very unsustainable path.
This blog is a gathering place for people who recognize the gap between the image and reality to exchange stories, data and observations of what is really going on in the economy. Look for links to stories about housing, employment, business and general economics. This is a clearinghouse of information for bears, by bears and of bears.
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