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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (8615)7/2/2004 11:53:31 AM
From: mishedlo  Read Replies (1) of 116555
 
You know what's missing KT?
PJs!

Look at all the potential jobs (PJs) we created over in Iraq. How many bombed out buildings have to be repaired? How long will it take, and who will do it?

Unfortunately the jobs will remain "unfilled" until Iraq gets a new leader that is strong enough to run things, and kicks out the US. Of course that might be 2 years from now, or 6. Who knows. The potential work is there however and it is real.

Let's call it pent-up jobs as opposed to real jobs.
We count everything else, why not count "potential" jobs.
PJs

No reason PJs should not immediately be added to the totals here as well, now is there? ggg

Mish
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