In our Blog of 1/9/12 (Is it a Recovery, a Recession OR A Depression?), we addressed a VERY serious issue of what we would label the professional subversion of the facts so as to confuse, deceive and to delude the “Sheeple” so that they will believe that the economy of the United States of America is in a recovery phase, when it is, in fact, still mired in the initial stages of a massive Deflationary Depression ineluctably caused by JUST the FIRST of THREE waves that will eventually totally collapse/implode ALL economies of the World, as the "Kondratieff" Long-Wave Super Tsunami overwhelms ALL.
By now you all know what we believe and why we believe these things. We do offer the following article as ‘prima facie’ evidence of our position. The following - significantly shortened - article offers tragically horrifying evidence of the true state of the economy in the United States of America, not that MBW (Make Believe World) that is constantly reported on FV (Funny Vision) and which is totally intended to create the greatest degree of RD (Reality Dissonance) amongst the "Sheeple," so that they will consistently be in the wrong investments at (very PRECISELY) the WRONG time.
(To clearly understand these things, you must review our many Blogs on these things in November, December and early January)
Additionally, our inaugural Market Review does cover these things in great detail, by revealing over FIFTY little reported and truly scary facts about the true state of the economy in these United States of America that DO PROVE that this country is in a DEPRESSION.
The full article – with photos – can be read at, and we might add – SHOULD BE READ BY ALL:
http://realestate.yahoo.com/promo/americas-most-miserable-cities-2012.html
America's Most Miserable Cities, 2012
By Kurt Badenhausen, Forbes.com; February 2, 2012
Provided by:
“…Miami is a playground for the rich and famous. Celebrities flock to parties at South Beach clubs and then return to their $10 million mansions in Miami Beach and Key Biscayne. It’s a leading city in culture, finance and international trade. But away from the glitz and glamor, many ordinary Miamians are struggling.
A crippling housing crisis has cost multitudes of residents their homes and jobs. The metro area has one of the highest violent crime rates in the country and workers face lengthy daily commutes. Add it all up and Miami takes the top spot in our ranking of America’s Most Miserable Cities.
The most famous way to gauge misery is the Misery Index developed by economist Arthur Okun in the 1960s, which combines unemployment and inflation. Our take on misery is based on the things that people complain about on a regular basis.
We looked at 10 factors for the 200 largest metro areas and divisions in the U.S. Some are serious, like violent crime, unemployment rates, foreclosures, taxes (income and property), home prices and political corruption. … Miami has local company in misery on our list: the West Palm Beach metropolitan division ranks fourth and Fort Lauderdale is seventh. Both areas have been hit hard by the housing crises.
Michigan’s troubled duo of Detroit and Flint clock in at No. 2 and No. 3 among the most miserable cities. The cities have been reeling for decades due to the decline of the U.S. auto industry and in recent years have been demolishing houses to change their city landscapes. Detroit has closed schools and laid off police, while Michigan appointed an emergency manager last year to take over Flint’s budget and operations. … Last year’s most miserable city, Stockton, ranks No. 11 this year. Stockton got a boost as housing prices have stabilized to some degree after a 45% drop between 2006 and 2008…”
….The housing crisis has devastated Miami with 47% of homeowners sitting on underwater mortgages. Foreclosures have been rampant with 364,000 properties in the Miami area entering the foreclosure process since 2008 according to RealtyTrac.”
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