Naufal Sanaullah of ShadowCapitalism.com put together this excellent 22-page report on why the widely-accepted recovery of 2009 is bunk. The idea of a debt-fueled, jobless recovery is laughable. Naufal, along with co-authors Tyler DeBoer and Qasim Khan, do a good job explaining why. Bearish News even gets a mention on page 2, for our post debunking Q2 2009 earnings.

Keep an eye on this guy. He’s smart and prolific, a rare and dangerous combo. And only 19 years old! His bio page says he is a math major at University of Michigan.