{"id":20704,"date":"2016-05-18T19:13:49","date_gmt":"2016-05-19T00:13:49","guid":{"rendered":"http:\/\/olduvai.ca\/?p=20704"},"modified":"2016-05-18T19:14:23","modified_gmt":"2016-05-19T00:14:23","slug":"undeniable-evidence-that-the-real-economy-is-already-in-recession-mode","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=20704","title":{"rendered":"Undeniable Evidence That The Real Economy Is Already In Recession Mode"},"content":{"rendered":"
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Undeniable Evidence That The Real Economy Is Already In Recession Mode<\/a><\/h3>\n<\/div>\n
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\"Evidence<\/a>
\n<\/a>You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown.\u00a0 In the \u201creal economy\u201d, stuff is bought and sold and shipped around the country by trucks, railroads and planes.\u00a0 When more stuff is being bought and sold and shipped around the country, the \u201creal economy\u201d is growing, and when less stuff is being bought and sold and shipped around the country, the \u201creal economy\u201d is shrinking.\u00a0 I know that might sound really basic, but I want everyone to be on the same page as we proceed in this article.\u00a0 Just because stock prices are artificially high right now does not mean that the U.S. economy is in good shape.\u00a0 In fact, there was a stock rally at this exact time of the year in 2008 even though the underlying economic fundamentals were rapidly deteriorating.\u00a0 We all remember what happened later that year, so we should not exactly be rejoicing that precisely the same pattern that we witnessed in 2008\u00a0is happening again right in front of our eyes<\/a>.<\/p>\n

During the month of April, the Cass Transportation Index was down 4.9 percent on a year over year basis.\u00a0 What this means is that a lot less stuff was bought and sold and shipped around the country in April 2016 when compared to April 2015.\u00a0 The following comes from\u00a0Wolf Richter<\/a>\u2026<\/p>\n

Freight shipments by truck and rail in the US fell 4.9% in April from the beaten-down levels of April 2015, according to the Cass Transportation Index, released on Friday. It was the worst April since 2010, which followed the worst March since 2010. In fact, shipment volume over the four months this year was the worst since 2010.<\/p>\n

This is no longer statistical \u201cnoise\u201d that can easily be brushed off.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Undeniable Evidence That The Real Economy Is Already In Recession Mode You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown.\u00a0 In the \u201creal economy\u201d, stuff is bought and sold and shipped around the country by trucks, railroads and planes.\u00a0 When more stuff is being […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[13874,13875,5983,1897,13876,4901,5221,13877,753,13878,13879,11432,11695],"class_list":["post-20704","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economic-2016","tag-economic-fundamentals","tag-economiccollapseblog","tag-evidence","tag-major-economic-slowdown","tag-michael-snyder","tag-stock-prices","tag-stock-rally","tag-stocks","tag-the-real-economy","tag-the-u-s-economy-2016","tag-what-is-coming-in-2016","tag-what-will-happen-in-2016"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20704"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20704\/revisions"}],"predecessor-version":[{"id":20706,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20704\/revisions\/20706"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}