This is a depressing story. According to John P. Hussman, we are entering another recession.
Some would argue that the last recession never ended. If that is the case, then this would mean that the recession is getting worse.
There was no real upswing between the financial collapse of 2008 and today. I wonder though, with our aging population (we don’t have enough kids) whether we will be able to pull out of it, or if we will end up in a kind of perpetual recession, like Japan.