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IPFS News Link • Economy - Economics USA

14 Reasons Why The U.S. Economy's Bubble Of False Prosperity May Be About To Burst

• By Michael Snyder
  If you rely on the mainstream media for your news, you probably didn't even hear about it.  Just prior to the last stock market crash, a massive amount of money was pulled out of junk bonds.  Now it is happening again.  In fact, as you will read about below, the market for high yield bonds just experienced "a 6-sigma event".  But this is not the only indication that the U.S. economy could be on the verge of very hard times.  Retail sales are extremely disappointing, mortgage applications are at a 14 year low and growing geopolitical storms around the world have investors spooked.  For a long time now, we have been enjoying a period of relative economic stability even though our underlying economic fundamentals continue to get even worse.  Unfortunately, there are now a bunch of signs that this period of relative stability is about to end.  The following are 14 reasons why the U.S. economy's bubble of false prosperity may be about to burst...

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