Despite the propaganda, Conventional economists are essentially blind to the global Keynesian experiment coming apart at the seams. The so-called global “recovery” of 2009 to 2015 was entirely based on the expansion of debt taken on by marginal borrowers and now, it is time to pay the piper.
The Economic Freedom index determines the economic freedom of a country based on government size, open markets, rule of law, and regulations. Since Obama took office of what he calls the most transparent administrations in history, the U.S. has wiped out a decade of progress as the country has gone from the 6th freest economy in the world to the 11th.
From Wal-Mart closing 159 stores to the Gap closing 175 stores, major retailers in the U.S. are shutting down hundreds of stores, and there are bare…
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