Surprise, surprise, surprise, the US economy shrank 0.1% in the last quarter of 2012. That 0.1% may not seem like a lot, but the real story its much worse then 0.1%.
Take these factors into consideration:
The economy shrank during one of the biggest panic buying phases in the firearms industry since the 1994 assault rifle ban.
Not only were people spending money on Christmas, but they were also buying all the guns, ammunition and magazines they could get their hands on,,,, and the economy still shrank.
One thing that caused a slowdown in the economy was a reduction in military spending. The question I have to ask, why does government spending play such an important roll in the economy? Maybe the government does not want the people to know how bad the economy really is? Continue Reading….