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The Great Wall Street/Washington Con Job: Part 4 Of The Recovery Which Didn’t Happen

This is a syndicated repost published with the permission of Stockman’s Corner – David Stockman's Contra Corner. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

During the last few days we have been debunking the notion that Imperial Washington’s massive monetary and fiscal stimulus caused the so-called “recovery”. To the contrary, it has actually poisoned the regenerative powers of American capitalism by causing capital and resources to flow out of the main street economy and into the speculative casinos of Wall Street.

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