<<P.S. One thing that strikes me: all the fudge-able data coming from the government--CPI, GDP, Unemployment--looks very good by historical standards, while all the relatively objective data--the number unemployment claims filed, the number of bankruptcies filed, the number of layoffs reported, profits of publicly traded companies etc.--looks moderate to crappy by historical standards.>>
OK, here you've got two number sets here going on
1. "fudge-able numbers - have agreed these numbers smelled somehow "funny" but wondered if they would "stroke" these numbers why would the not mess with the import / expert side of the numbers
so, jsut can't come to odds with this part. But know, Manfacturing, mining, and most Ag. are very near dead.
2. second group are what fall into what AG likes to call "constructive destruction" or some such turn phrase. Meaning that as long as there is a certain level of demand much of this gets rolled over quickly into
growth. you know a resturant fails some one moves in & buys up inventory & land & people at near the price these "items" are worth.
Problems here is, we are letting lie fallow the best farm land on earth,
not recycling all natural resources as well as possible, Not using the people resources in the most overall productive manner, and allowing mine and farm machinery to rust away it's productive life unused.
We have become a throw it away society Vs a fix it & use it up society.
2. |
