Mark Anthony

17 Million to Be Unemployed in 30 Days?

Your argument is incorrect. It is true that 3.2 million kids will graduate from high school. Some of them will enter colleges but just to replace those who graduate this year. So overall there will be 3.2 million looking for a job.
But that is just part of the aging process of the youth growing up and the old growing older. 3.2 million is barely 1.1% of the population. There will likely be 3.5 million people also retiring in a normal year, making the job positions available.
So the fact that high school graduations happen by itself do not add to the unemployment statistics.

Credit Crisis Watch: Some Positive Developments

Nice observations. Should the credit freeze up start to thaw, one sector that will benefit gigantically, is dry bulk shipping. The BDI shipping index has been up 12 days in a row. How often do you see something up 12 consecutive days, and it was strong up each day.

Most people have totally missed the story and the opportunity there:
seekingalpha.com/artic...

Shipping and precious metals are the two best sectors to be in right now.

Credit Crisis Watch: Signs of Progress?

Thanks. You have presented very good data to support that credit freee-up has started to thaw. One sector that benefit greatly is the global shipping industry. Due to credit freeze-up the global shipping virtually grinded to a halt as goods can not be shipped when exporters can not obtain bank guarantee of payments. As a result stockpiles of goods are piled up on harbors. Such backlog is a huge business opportunity for shippers once things start to move again.

It's now best time to buy dry bulk shippers like DRYS, EXM, EGLE.

I also expect hyper inflation to kick in soon. Where do you find a Safe Haven? Read my reasonings:
seekingalpha.com/artic...