Now, both main stream publications and media are raving about achieving Dow $15,000.  At the same time, real estate market price here in California is also increasing.  Many are thinking recession is finally over.  Just like 2006, many (Including my circle of people) starts to buy the house and most of them are saying that price is increasing and we will never have a chance to buy if we miss this opportunity.  However...  Is this really the case?

To me, this is just another repeat of great tragedy in the past...  In fact, chart below is telling us whole picture of what is really going on. Sadly, many have already forgotten that past crisis cost them fortune (Stock crash and housing crash).  Still, those people again mistakenly believed that true economic recovery are now here.

I said this last blog as well as past blogs but I will repeat.

This bubble will again burst just like any other bubbles in the past and millions will again lose fortune. 

All main stream media (MSM) currently praises that DOW now reached over $15,000 and economic recovery is well underway.  As I said in past blogs, this is furthest from the truth.  In fact, it is exact opposite.  If you understand current economic fundamentals, it is no way that this is true recovery but equity bubble fueled by Federal Reserve and others assisted by government.  Yet, most average people actually believe what they have said. 

By Adam Taggart from peakprosperity.com

A growing number of voices are warning investors that continuing to fund your 401k, IRA or other "tax-advantaged" retirement account could be a bad idea.

This video clip does excellent job stating the reason why most people always be poor.  As time goes by, I expect that gap between have and have not will spread to furthest level as possible.

By Ron Paul from activistpost.com

Last week at its regular policy-setting meeting, the Federal Reserve announced it would double down on the policies that have failed to produce anything but a stagnant economy. It was a disappointing, but not surprising, move.