Brazil Chokes Off Foreign Investment [View article]
I wouldn't leave Brazil's markets just because a transaction tax has been imposed. It is one of those rare boom markets where you will always be handsomly rewarded for patience.
True September Unemployment 14%: Our System Is Broken [View article]
Thanks Mark for your research.
We really are heading for a decade of depression. We could even see real (not BLS definition of "real") unemployment up over 30-35%. My best guess is somewhat near the SGS number of 22% at this time. Assuming a labor force of some 137 million with 22% out of full-time work, we have about 30 million displaced workers. That is going to take upwards of a decade to absorb back into the workforce. This country will be thoroughly tested as to whether the people continue to believe in the "American Way" of democracy, and capitalism where anyone can aspire to rise up and succeed. Or whether they begin to give up trying to reach the level of achievement that their parents had, and slump down into a sad life of government control over jobs, wages, medicine, education, and essential freedoms.
Imagine a 17% Unemployment Rate? We're There [View article]
Clive, I think your 17% number is too low. I prefer the SGS number at 22% because it accounts for more of the "still unemployed but discouraged from looking" and the "took this janitors job til something better comes along" numbers than the BLS U6 number does.
HEY S/A: quit editing my posts! Just post what I write or else FVCK OFF.
Imagine a 17% Unemployment Rate? We're There [View article]
Clive, I think your 17% number is too low. I prefer the SGS number at 22% because it accounts for more of the "still-unemployed-but-... and the "took-this-janitors-jo... numbers than the BLS U6 number does.
Thanks Thomas, for that timely piece of clever research. As many folks banter about whether we are seeing deflation or inflation, it is data like this which can help narrow down the speculation.
Jobless Claims Fall to the Lowest Level in 34 Weeks [View article]
Ohh YAY! We have falling unemployment claims. laaa-la-la laaa-la-la
When in reality, it just means about 11000 poor souls who have used up all their time on unemployment benefits must go away and stop getting assistance.
"They don't have jobs yet! Or do they? We dunno. They just go away so we don't get to track them anymore. And, so we don't care anymore, whether they have a job or not. The only thing that matters around here is what the numbers say."
( HEY OBAMA: Where are all those 5 Millions jobs you were gonna create? You know.. those you boasted about a year ago when you were campaigning?)
Inflationary Perfection: Too Good to Be True? [View article]
What do you call it when hard commodities all rise 40%, 50%, 80% over the last 3-4 months? Speculation? Don't believe me? Look at 3 month charts of any mining tissues of gold, silver, platinum, oil, copper, aluminum. The "they" bureau are saying, "it's not inflation; it is the declining dollar". If it looks like inflation, feels like inflation, walks like inflation, why I'd expect that's what it is.
I recently purchased a large flat-screen TV from Amazon. It was $85 cheaper than the lowest price in my city which has BB, CC, and several other outlets. Shipping was free and included a service man contracted locally by Amazon who delivered and installed it, checked for damage or defects before leaving. Beautiful! Couldn't be any easier. I never left the house to look at the stores. The pesky sales types make appliance shopping a dread.
Don't you see? this Socialist government DOESN"T WANT TO FIX UNEMPLOYMENT. The more that people are down and out in AmeriKa is all the more they can "convert" (coerce?) to having dependance upon the government for assistance, food stamps, etc. It is all about CONTROL of the populace.
Mark Bern said: Does this mean that the government is trying to make to initial reports look better than they really are by reporting low, hoping that nobody really pays attention to revisions?
Thats EXACTLY what the BLS is hoping.. that you won't notice when the revised figures come out a month or so after the initial "softened" numbers were released. They know those revisions are not seen as important news so they get token mention in a small 1 paragraph article buried on page 23 of your newspaper.
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Latest | Highest ratedPayments Shocks Boost Alt-A, Subprime RMBS Delinquencies [View article]
Equity Markets Show Key Reversal [View article]
I guess this market still has legs. Thank you!
Brazil Chokes Off Foreign Investment [View article]
Asset Reflation Does Not Signal Recovery for U.S.'s Collapsed Economy [View article]
True September Unemployment 14%: Our System Is Broken [View article]
We really are heading for a decade of depression. We could even see real (not BLS definition of "real") unemployment up over 30-35%. My best guess is somewhat near the SGS number of 22% at this time. Assuming a labor force of some 137 million with 22% out of full-time work, we have about 30 million displaced workers. That is going to take upwards of a decade to absorb back into the workforce. This country will be thoroughly tested as to whether the people continue to believe in the "American Way" of democracy, and capitalism where anyone can aspire to rise up and succeed. Or whether they begin to give up trying to reach the level of achievement that their parents had, and slump down into a sad life of government control over jobs, wages, medicine, education, and essential freedoms.
Imagine a 17% Unemployment Rate? We're There [View article]
HEY S/A: quit editing my posts! Just post what I write or else FVCK OFF.
Imagine a 17% Unemployment Rate? We're There [View article]
Inflation Premiums at Multi-Week Highs Suggest Breakout for Commodities [View article]
Inflation is well underway, in spite of protestations to the contrary by the Fed.
The Stealth Commodity Index [View article]
Jobless Claims Fall to the Lowest Level in 34 Weeks [View article]
When in reality, it just means about 11000 poor souls who have used up all their time on unemployment benefits must go away and stop getting assistance.
"They don't have jobs yet! Or do they? We dunno. They just go away so we don't get to track them anymore. And, so we don't care anymore, whether they have a job or not. The only thing that matters around here is what the numbers say."
( HEY OBAMA: Where are all those 5 Millions jobs you were gonna create? You know.. those you boasted about a year ago when you were campaigning?)
Equity Markets Show Key Reversal [View article]
Inflationary Perfection: Too Good to Be True? [View article]
The "they" bureau are saying, "it's not inflation; it is the declining dollar". If it looks like inflation, feels like inflation, walks like inflation, why I'd expect that's what it is.
Are Best Buy's Earnings a Warning? [View article]
Jobless in August [View article]
Jobless in August [View article]
Does this mean that the government is trying to make to initial reports look better than they really are by reporting low, hoping that nobody really pays attention to revisions?
Thats EXACTLY what the BLS is hoping.. that you won't notice when the revised figures come out a month or so after the initial "softened" numbers were released. They know those revisions are not seen as important news so they get token mention in a small 1 paragraph article buried on page 23 of your newspaper.