Friday, September 23, 2016

Dr. Paul Craig Roberts:
The Economy Is A House Of Cards
Greg Hunter interview .. With around 94 million people out of the U.S. workforce, & the near record low U.S. Labor Force Participation rate, former U.S. Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The Labor Force Participation rate never falls during a recovery. It rises because people are entering the labor force to take advantage of the strong economy and jobs. So, there isn’t any economy. There is a house of cards that is held together by central bank money creation. The money flows into financial assets. That’s what keeps the stock market up, and it flows into bonds, which is why we have essentially 0% interest rates." .. 50 minutes

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