When Unemployment Peaks, The Bottom Should Follow [View article]
Yes this is going to be worse then 1929 and is going to last a lot longer. There's going to be longer soup lines if there any soup or bread, open your eye's its going to be way worse. If you got any money in the bank better pull it and start paying cash for everything you need,or you lose it because the Fed's say it's backed, you cant back something if you got nothing to back it with.
On Mar 06 12:27 PM morph366 wrote:
> A sentence like the following - "We're probably beyond the halfway > point in this process, although there's still too much uncertainty > to say for sure." - promises some kind of insight into where we are > at and then takes it away with the qualification. > Normally in recession unemployment is a lagging indicator - the bottom > will be in place long before unemployment peaks. But this may not > be a normal recession
-
Yes this is going to be worse then 1929 and is going to last a lot longer.
Mar 08 01:21 am
|Rating:
0
-4
All Comments by thatguy57z »When Unemployment Peaks, The Bottom Should Follow [View article]
There's going to be longer soup lines if there any soup or bread, open your eye's its going to be way worse. If you got any money in the bank better pull it and start paying cash for everything you need,or you lose it because the Fed's say it's backed, you cant back something if you got nothing to back it with.
On Mar 06 12:27 PM morph366 wrote:
> A sentence like the following - "We're probably beyond the halfway
> point in this process, although there's still too much uncertainty
> to say for sure." - promises some kind of insight into where we are
> at and then takes it away with the qualification.
> Normally in recession unemployment is a lagging indicator - the bottom
> will be in place long before unemployment peaks. But this may not
> be a normal recession