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Tuesday, March 05, 2013 9:52:42 PM
http://theeconomiccollapseblog.com/archives/the-dow-hits-an-all-time-high-translation-a-bubble-is-always-biggest-right-before-it-bursts
As you will see below, the U.S. economy is in far, far worse shape than it was the last time the Dow reached a record high back in 2007. In addition, all of the long-term trends that are ripping our economy to shreds just continue to get even worse and our debt just continues to explode. Unfortunately, the Dow has become completely divorced from economic reality in recent years because of Fed manipulation. All of this funny money that the Federal Reserve has been cranking out has made the wealthy even wealthier, but this bubble will not last for too much longer. What goes up must come down. And remember, a bubble is always biggest right before it bursts.
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