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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (24038)11/8/2009 4:44:31 PM
From: Robin Plunder  Read Replies (1) | Respond to of 71407
 
according to mauldin and weldon, employment continues to deteriorate badly...seems like recession will return in 2010 rather than 2011 if employment is so bad?

"My favorite slicer and dicer of data, Greg Weldon (www.weldononline.com), offers up an even more horrific number. As I have noted before, if you have not looked for work in the last four weeks, the BLS does not count you as unemployed. Quoting Greg:

"Moreover, when we combine the monthly change in the number of Unemployed, with the number Not in the Labor Force, we might consider the result to be a proxy for the actual 'change' in the underlying labor market situation ... in which case, October's figure of 817,000 represents the fourth LARGEST yet, behind last month's (September's) second largest figure of 1,021,000 ... for a two-month combined figure of 1.838 million, in newly Unemployed, or no longer 'in' the Labor Force ...

"... the second LARGEST two-month total EVER posted, barely trailing the December-08/January-09 total 1.955 million.

"Bottom line ... basis this measure AND the 'Total Unemployment Rate,' we could conclude that not only is there NO 'improvement' in the labor market, but moreover, that it continues to DETERIORATE, intently."
"
from www.2000wave.con this weekend..

rp



To: Real Man who wrote (24038)11/9/2009 12:08:07 AM
From: Skeeter Bug2 Recommendations  Read Replies (2) | Respond to of 71407
 
Vi, you must define "planned," imho.

did they know it would occur? i say yes - and that's why they passed the bankruptcy legislation ahead of the financial collapse. the math simply didn't work.

did they want it to occur? nope, but they knew it would.

did they choose the timing? some reasonable arguments have been made that they chose the timing (although it would have eventually happened no matter what).

essentially, their timing decided an election in favor of obama - how did that work out for wall street? pretty good, no? how about the imf? they have a "world leader" type that can try to and globalize currency... think about it.

they control the money, they can move up a credit crisis to the time of their choosing - and best advantage.