12/12/12: 12 Charts Covering the 12 Months of 2012

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As the year comes to an end, it is natural to reflect back on what has occurred. From an economic standpoint, there has been no improvement. The economy is barely above water and nearing exhaustion from treading water so long. Will it have the energy to get through 2013 or will it succumb to the forces that are dragging it down? [For the answer] I invite you to look at these 12 charts below. They should disabuse you of any misplaced optimism.

So writes* Monty Pelerin (www.economicnoise.com) in introductory comments to this presentation** on the economic condition of the U.S.

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