Why The Next Recession Will Be The Catalyst For Depression Authored by Charles Hugh Smith via OfTwoMinds blog, This is why a recession will catalyze a collapse of the credit-asset bubble-dependent economy down to its foundations. Narrative control works by having a pat answer for every skepticism and every doubt. Boiled down, the dominant narrative holds that the Federal Reserve (central banking) and the central government have the tools to quickly reverse any dip in GDP, a.k.a. recession, and return the economy to expansion. The unstated foundation of this narrative is that recessions are bad, as only permanent expansion is good. That this isn’t… — Continue at ZeroHedge News : Read More
