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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: t4texas who wrote (9524)3/6/2004 2:31:49 PM
From: Jim Willie CB  Read Replies (2) of 110194
 
no immediate solution to jobs, as I have said many times
the solution requires a long painful recession
then jobs occur
from improved competitive position
from lower cost structure after bankruptcies
from reduced debt service load

I have talked about solutions for three years, my man
there are none in the immediate term !!!
instead, we will extend the errors, and make new errors
like trade sanctions
as we continue to make more errors, we push way out the time during which solutions can even be discussed

if you have a wayward son, who ran away from home, and he is doing armed robbery, assault, and more, and you want him to return home to work on the family business, what is the solution to getting him into the work harness?
all solutions must follow some jail time
the USEconomy needs jail time, theoretically speaking

/ jim
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