Dead cat bounce - the failure of macroeconomics

Dr Horace "Woody" Brock | Strategic Economic Decisions | 08 October 2013

What in the world is happening on the Main Streets of the West? Every bulletin of good news is offset by one of bad news. As a result, the recovery from the Global Financial Crisis is as slow as molasses. The labor market in particular has scarcely improved at all, with a record high 12% unemployment rate in the Eurozone and a continuously falling labor participation rate in the US, despite alleged "improvements" in unemploymen...