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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (99684)7/14/2009 1:09:36 PM
From: mishedlo1 Recommendation  Read Replies (4) | Respond to of 116555
 
Bernanke Sees Chance of Jobless Recovery
globaleconomicanalysis.blogspot.com

Given that the Fed's first mission is to delay, confuse, hope, and otherwise attempt to buy time while engaging in wishful thinking along the way, that Bernanke is willing to admit this may be a jobless recovery is a sign that things will likely be at least that bad. In other words, prepare for a job loss recovery.

This should not come as a surprise to readers of this blog. However, when it comes to jobs, most, including president Obama have been expecting far too much from various stimulus packages.

Please consider Fed Chairman Sees Possibility Of 'Jobless' Recovery: Shelby .....

Mish