The Roots of the Next Downturn

Robert Reich, from RGE, is analyzing the discrepancy between the stock market charts and the situation in the economy in real life. Consumer spending in USA is down to 60-65% but the government is covering for the rest, hence the jump in the economic activity and the markets. When (or if) this dries up there will be nothing holding the market indices, which may reach new lows. This is what some are predicting - a correction. But with an unknown scope.

RGE - Why the Dow is Hitting 10,000 even when Consumers Can't Buy and Business Cries "Socialism"