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      06-01-2012, 10:19 AM   #1
mspeasl
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Unhappy More "Hope and Change"...?

Unemployment 8.2% up - New jobs 69,000 down - Market -220 Down
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      06-01-2012, 08:11 PM   #2
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Quote:
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Unemployment 8.2% up - New jobs 69,000 down - Market -220 Down
I note they are not reusing that phrase this time.
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      06-01-2012, 10:00 PM   #3
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Obama blamed gas prices for the high unemployment. Lol.
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      06-02-2012, 01:39 PM   #4
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FORWARD

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I note they are not reusing that phrase this time.
You're right, I forgot. The new catch phrase is 'FORWARD'
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      06-03-2012, 09:12 AM   #5
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You're right, I forgot. The new catch phrase is 'FORWARD'
"Fast Forward"...past any consideration of performance to date. Kinda like a "do-over" or a cold reboot.
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      06-04-2012, 01:22 PM   #6
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waiting for scotch's reply to this..

lol nvm


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It certainly has nothing to do with slowdowns in China and debt in Europe, right? After all, those places are far away from us. It could only be Obama.

That has to be it. Couldn't be obama
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      06-05-2012, 11:01 AM   #7
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      06-07-2012, 04:45 PM   #8
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we shall see what happens when the artificially low interest rates return to their historic norms...

I sure as shit would not want to be POTUS when that happens....I seriously believe that the insiders that could have an edge on the presidency want nothing to so with the job....this is a disaster in waiting
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      06-08-2012, 08:36 AM   #9
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And just as EvosM3 exits the forum, some good news comes along:

U.S. Debt Load Falling at Fastest Pace Since 1950s
http://finance.yahoo.com/news/u-debt...040045522.html
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      06-14-2012, 02:21 PM   #10
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Quote:
Originally Posted by ScotchAndCigar View Post
And just as EvosM3 exits the forum, some good news comes along:

U.S. Debt Load Falling at Fastest Pace Since 1950s
http://finance.yahoo.com/news/u-debt...040045522.html
I think your misunderstanding the article... The private debt has been shifting downward, this has been happening at the expense of public debt and consumer behavior. The more specific reason this is happening is two fold, 1) People pulling money out of markets, not taking on as much debt in the form of loans for purchases and new business and 2) the government keeping interest rates artificially low as ideliver pointed out, this pulls burden from the private (consumer) sector into the public.

Both of which is exactly what we could expect to happen after any recession.

Last edited by txz4; 06-14-2012 at 02:27 PM.
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      06-16-2012, 11:31 AM   #11
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^ yep... it also indicates that consumers are consuming less, which is a bad thing when it comes to growth and stability.

Think about it this way, I eat when I sell something. You eat when you sell something. If I don't buy yours and you don't buy mine, neither of us eat.
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      06-17-2012, 04:52 PM   #12
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Quote:
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^ yep... it also indicates that consumers are consuming less, which is a bad thing when it comes to growth and stability.

Think about it this way, I eat when I sell something. You eat when you sell something. If I don't buy yours and you don't buy mine, neither of us eat.
Economics in a nutshell. Another good example, watch the South park comparing the economy and now to Rome and Jesus... Hilarious and so true!
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