The Economy Has Recovered!
Below are a few charts detailing how the economy has recovered. If you like this post feel free to "Resteem" this post and follow me at "https://steemit.com/@cryptowallet"
Macys
Sears
Bitcoin
Ethereum
Deutsche Bank Stock
Monte Dei Paschi Stock
Food Stamps
US Workforce Participation
You are really cherry picking your data here.
Not quite sure why you chose those two "bricks and mortar" retail stocks when it's common knowledge that the traditional retailing sector is in decline. Look at the representative XRT retail ETF which is down 6.07% year to date (YTD). On the other hand - Amazon - which is eating everyone's lunch and is at all times highs. The online retail ETF IBUY is up 22% YTD. People are still buying stuff - it's just not from stores.
Furthermore, you chose possibly the worst two European banks as your examples. However, if you look at the European financial sector ETF EUFN - which includes major European banks - you'll see it's up 16.03% to date. Plus I'm not sure why you're using European banks to highlight the US economic woes anyway.
Also, I'm not disagreeing that the US economy is trouble free. The ever increasing debt bill and a growing reliance on social security (e.g. food stamps) is unsustainable. As such, I'd rather be in cryptos than fiat money even though I don't think a crash is coming in the short term.
However, I do think you need better examples to make your argument.
Steem on!
I dont see a recovery!!!!! By these charts
I think it's sarcasm. The way they lie to us is insulting
Same here everything but crypto has gone down...
Not recovery in sight, by cryptos and gold
That's what they would like us to believe
We must escape the fiat paper funny money
This makes me sad. I'm sorry to see this economy tank. Time to get off the grid. @ironshield
Sarcasm to perfection! There are many other examples I'm sure!
Yeees. Cryptocurrencies are the future :)
I think they'd term anything a recovery as long as shtf didn't happen.
I also don't trust "official" unemployment numbers and other stats the government releases. They are exaggerated and falsified beyond belief. The true unemployment rate is likely about 20% but official numbers are something like 4%. It's so bogus - check out ShadowStats for realistic data! http://www.shadowstats.com/