Guest Post: U.S. Gasoline Consumption Plummets By Nearly 75% – 31 May 2014

ZeroHedgeSubmitted by Jeff Nielsen via BullionBullsCanada blog,

Regular readers are familiar with my narratives on the U.S. Greater Depression, and (in particular) some of the government’s own charts which depict this economic meltdown most vividly. The collapse in the “civilian participation rate” (the number of people working in the economy) and the “velocity of money” (the heartbeat of the economy) indicate an economy which is not merely in decline, but rather is being sucked downward in a terminal (and accelerating) death-spiral.

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