You've been warned!-----Bleak Outlook Even Through Rose-Tinted Glasses

Bleak Outlook Even Through Rose-Tinted Glasses  FX HEDGE

• CBO's overly optimistic projections are still horrific

"This past week, the Congressional Budget Office released their latest projections, and the results aren’t good. 

• But the much more worrying part is that the CBO assume a best-case scenario - something that never, ever materializes.
• The reality that we’re facing is much worse...

Let’s start with some of the assumptions *cough, wishful thinking, cough* that CBO has built into their so-called model over the next decade...