F**k!!
How hard is it to see that no recovery is possible when there are legitimate forecasts of OFFICIALLY PUBLISHED unemployment rates as high as 16%, never mind the real rate.
Anyone buying this recovery bullshit and investing accordingly, with a few, repression beating exceptions, is farked.
How complicated is it to realize it's ALL about jobs?
We had 12% mortgage rates when Reagan came into office and people began buying homes and cars again because the job market improved.
Conversely, as we've seen, you can have interest rates at 0% or near there, and people who don't have jobs as well as those afraid of losing their jobs won't spend shit.
WHY DO THEY MAKE THIS OVERLY COMPLICATED!!!!!!!!! MOTHERF**KERS!!!