Predictions From The Current Absolute Wealth Newsletter: Housing Recovery Pushed Back to 2015 And Market Capitalism No Longer Works

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The Absolute Wealth newsletter publishes the most current research and information that is available to help people make informed decisions.

AbsoluteWealth.com

AbsoluteWealth.com

'Macro Minute' column asks what is the lesson here, is it that the housing recovery just got pushed back to 2015.

The “Macro Minute” column of the Absolute Wealth newsletter reveals in another surprising move, that the Federal Reserve has announced that it will keep rates low at least until late 2014. The “Macro Minute” column says, let's pencil this out, last year the Fed said it would keep interest rates low through 2013, and the economy did not pick up. So now, The “Macro Minute” column of the Absolute Wealth newsletter remarks, due to the lack of success of that policy, does the Fed really think that more of the same will give us different results.

The “Macro Minute” column explains, to ask Japan how well this policy has worked for their economy the past 20 years. The “Macro Minute” column of the Absolute Wealth newsletter wonders what the lesson there was, could it be that more of the same, gets more of the same. Which causes the “Macro Minute” column to ask what is the lesson here, is it that the housing recovery just got pushed back to 2015.

“The Gorrie Details” column of the Absolute Wealth newsletter reveals that the line between economics and politics is a thin one at best, and in today's discordant world, this dividing line is more often than not ignored in the service of political expedience. “The Gorrie Details” column reveals that economic facts have little to do with the political goals of leaders, at least the ones we have today.

The big lie is to condemn the failed policies of the past, which is political speak for market capitalism and individual responsibility, and replace those policies with a different set of failed policies from the past, explains “The Gorrie Details” column of the Absolute Wealth newsletter. This is really what the choices are, explains “The Gorrie Details”, but the truth is only one set of choices which have actually succeeded in the past 200 years or so.

Market capitalism is what made the U.S. the richest nation on earth, “The Gorrie Details” column of the Absolute Wealth newsletter says, and for some mysterious reason market capitalism no longer works. The only reason that market capitalism no longer works, explains “The Gorrie Details” columns, is because we no longer have a market capitalist economy, which this transition has been in the works for decades.

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Paul Norwine
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