U.S. Employment Picture Remains Ugly [View article]
The most illustrative graph is the number of months after peak employment.
Notice that the next worst in duration before our current situation was 2001 - 2005. This points to a shift in jobs of production and in the service economy. We have a macro-trend of unemployment on the whole and working fewer hours or simply not looking for work.
Combine with this the tremendous shift from 1920's to the present of 70% of the population living on a farm to 2% today and you have a societal bubble of historic proportions.
Any true collapse in the economy, employment, and flow of money and food to urban and suburban centers will have a cataclysmic effect on the established order.
This is why you hear people talking about farmland and firearms and canning and food and water storage. Crazy? Just think about it - what if the rail cars and tractor trailers don't have a reason to roll into town with food and medicine?
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The most illustrative graph is the number of months after peak employment.
Nov 09 01:42 am
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All Comments by ebworthen »U.S. Employment Picture Remains Ugly [View article]
Notice that the next worst in duration before our current situation was 2001 - 2005. This points to a shift in jobs of production and in the service economy. We have a macro-trend of unemployment on the whole and working fewer hours or simply not looking for work.
Combine with this the tremendous shift from 1920's to the present of 70% of the population living on a farm to 2% today and you have a societal bubble of historic proportions.
Any true collapse in the economy, employment, and flow of money and food to urban and suburban centers will have a cataclysmic effect on the established order.
This is why you hear people talking about farmland and firearms and canning and food and water storage. Crazy? Just think about it - what if the rail cars and tractor trailers don't have a reason to roll into town with food and medicine?
Chaos, utter chaos.