- Empire State Manufacturing Index Plunges, Comes At 11.9 Down From 21.7, And Big Miss To Expectations Of 19.55 (May 2011 report)
- The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated in June. The general business conditions index slipped below zero for the first time since November of 2010, falling twenty points to -7.8.
Time Magazine: What Recovery?
Jim Sinclair (audio clip on linked page, about 10 minutes): This has gone so far that there is no solution that can be applied; This Problem Is Here, This Problem Is Now.