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  • Yet Another Gruesome Employment Report [View article]
    Virgil and I are on the same page. These unemployment numbers are lagging by some 8-10 percentage points.

    I still contend that real under/unemployment is 25%.

    I'm a little nervous that we are moving dangerously close to the "Greater" Depression and World War III.

    We will HAVE to go to war with China to resolve our debtor status (if we don't pull out of our economic slump within the next ten years). This war will most likely play out in other countries, but it will still be China vs USA.
    Jan 09 11:51 am |Rating: +3 -1
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