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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (56630)3/23/2006 12:18:49 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
In my local bubble FL market the spin doctors were pumping the rosy job market for recent college graduates. A shortage of workers as boomers leave the work force and few relocations of young people into the area due to very high housing prices. Local GDP and job creation is at least 70% internal based on the flow of funds in the local economy. I guess the question is what will replace the drop in economic activity in those markets that lose either the housing driver or good paying jobs to China? Seems the president isn't concerned. Maybe spreading democracy to Iraq saves the day<g>



To: GST who wrote (56630)3/23/2006 1:33:27 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
60,000 in China and 3,000 here?
1,000 here?
300 here?

Meanwhile how many jobs do you expect will be lost in a housing slump here?
500,000 perhaps?

Mish



To: GST who wrote (56630)3/23/2006 2:19:23 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
What do you think is the best way for autoworkers to "jump in with both feet" so that they can reap the rewards of outsourcing?


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