SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NOW who wrote (6011)5/10/2004 4:29:32 PM
From: Haim R. Branisteanu  Read Replies (1) of 116555
 
my focus is on the wages as in a highly leverage economy that what matters IMHO - how you pay down debt.

Unfortunate the personal debt burden rose in March even with the rosy employment report that is why I question the employment statistics accuracy.

IMHO to declare a recovery v. stabilization in the US you need around 200,000 new jobs each month and a rise of total wages about 1% above inflation due to population growth.

In Europe for example there is no need for substantial job growth as the population there is stable to shrinking to declare recovery, nor are the consumers as leveraged as they are in the US
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext