Once again, Lew Rockwell has featured a great article.
The US economy is on the brink of collapse, the gangsters at the Federal Reserve have all but ruined the economy. Cheap credit, limitless government handouts, and a permissive system that has allowed massive gambling by hedge funds, have created an inflationary bubble that is ready to burst.
Getting through the political stuff at the beginning of the article, the economic analysis begins at about the halfway mark. David Stockman does a marvelous job of breaking down the most recent economic indicators in a clear and concise fashion. The Keynesian fanatics that are now considered "experts", have no clue as to what is really going on. All they understand is that pumping the economy with money and cheap credit will somehow give GDP the appearance of growth, They can then declare that good times are here to stay, and we will all get rich together because in the increase of the national average.
Read the article here: https://www.lewrockwell.com/2017/06/david-stockman/derangement-danger-potomac/