Fake Recovery in US Being Exposed | Charles Ortel
Jason Burack of Wall Street for Main St interviewed returning guest Charles Ortel http://charlesortel.com/.
Charles is a longtime Wall St veteran, Managing Director of Newport Value Partners, a firm that provides research to hedge funds, institutions and high net worth individuals, a well accomplished value investor, a columnist for the Washington Times and he also has a radio show for the Washington Times.
Charles' articles can be found here: http://www.washingtontimes.com/staff/...
During this 40+ minute interview, Jason asks Charles how the real economy in the US is doing specifically jobs. Charles drops a bombshell! He says even the US government's own jobs numbers say no new full time jobs have been created since 2007!
Jason and Charles discuss the flaws with GDP, CPI, employment data. Jason and Charles talk about inflation and how the status quo is unsustainable.
Charles talks about how the Keynesians only know and believe in inflation of asset prices and forcing asset bubbles into markets.
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