The US Economy Is Worse Than You Think
Submitted by Meteor Man on Sat, 07/01/2017 - 11:01pmFrom Naked Capitalism. After covering the weakness in consumer spending, the Republican threat to the health care Industry, silicon valley, energy and fracking Jim Chanos summarizes:
It could all just be a soft spot in an ongoing expansion — time will tell. But the narrative we were told is that animal spirits would take us to the next level of economic activity. That clearly is not happening in mid-2017.



