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  • 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?

    Chaos, utter chaos.
    Nov 09 01:42 am |Rating: +2 -2
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