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The indicator is a leading indicator of where employment goes. We will have further increases in unemployment, and there is not question we will be disinflation, recession and maybe depression. I know the latter is considered far removed from possibility, I think it is about two Quarters away when we discover that the TARP has little effect for the reasons this post makes clear. I think government bonds are indicated.
Oct 07 11:36 am
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All Comments by whidbey »Consumers and the Economy Are Down and Out [View article]