Mish's Global Economic Trend Analysis Message Board

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

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To: SouthFloridaGuy who wrote (37250)	9/15/2005 1:13:23 PM
From: mishedlo	Read Replies (1) of 116555

The Fed ought to be tightening, get us into a consumer recession NOW while corporate balance sheets are still healthy because this corporations will not layoff people if their businesses are well financed and intact. I do not buy everything after "because" at all. There is no loyalty and outsourcing is still rampant. There is likely to be more mergers and those will result in layoffs as well. Finally, 50% of the jobs created in this recovery were directly related to housing! That is one freaking lot of jobs. If lose a mere 20% of those jobs and not a single person elsewhere we are totally F*d. Mish

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