From John Williams at www.shadowstats.com: > – It’s the Consumer, Not the Weather! > – Weakening Economy Should Hit U.S. Dollar Hard, Boost Gold > – First-Quarter Gross Domestic Product Fell by 1.0%;Gross National Product Tumbled by 2.1%; Gross Domestic Income Dropped by 2.3% > – Before Inflation Adjustment, Nominal First-Quarter GDP Gained Just 0.3% … Continue reading The Recession is getting uglier