Shaeuble says the problem with Greece is not the debt its their reforms. Australia is going to try zero percent down for homes, we all know how that turned out. Macy’s, Walmart and Toy R Us show declining sales. Auto insurance rates have soared by 20% because of texting. Hard data show economy is declining while the soft data shows everything is ok. There are multiple signs that the US economy is in a recession. HSBC missed earning big. S&P 500 is now overbought than in 2000 bubble. Russia adds more gold to its reserve.