Governments and opposition parties around the world have always cleverly used the media and its statistical departments to openly lie, or hide and distort the truth. As Mark Twain observed, "if you don`t read the newspaper you are uninformed, if you do read the newspaper you are misinformed." Just consider all the government`s statistics, which indicate that the US economy is recovering. Sure, from the low ppoint in March 2009 there has been some improvement in economic activity, but by how much?
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.