tag:blogger.com,1999:blog-11027528911364475.post8001647857058217567..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Leading Indicators... Growing StrengthJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11027528911364475.post-39529656458999763822010-04-21T18:16:11.761-07:002010-04-21T18:16:11.761-07:00We got a whole lotta mismatchin' going on, and...We got a whole lotta mismatchin' going on, and much much more to follow. LOL! Talking about not being able to handle the truth and this came to mind:<br /><br />"It's hard to get a man to understand something when his job depends on him not understanding it"<br /><br />This country is being strip mined of all it's financial wealth just as surely as was done to western Kentucky during the bad old coal mining days. We are replacing private loss with public loss while money flees this country in the form of bonuses and offshoring. This money/capital will/is flee(ing) to Asia to pillage the next flock of sheeple. The American citizen hasn't a clue about how screwed we really are.SPECTRE of Deflationnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-8896495614753577492010-04-21T16:41:25.391-07:002010-04-21T16:41:25.391-07:00great post on just that here:
http://tinyurl.com/...great post on just that here:<br /><br />http://tinyurl.com/y2atmcjJakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-62927531707200296872010-04-21T09:57:58.182-07:002010-04-21T09:57:58.182-07:00This is all an illusion fueled by govt.'s deb...This is all an illusion fueled by govt.'s debt/spending because of the death of the American Consumer having reached debt saturation. No improvement in unemployment, and in fact, records being set for extended unemployment benefits. <br />We have 0 pricing power in wages in this new global environment for the folks that do have jobs. <br /><br />In 1995, total debt to income for the American consumer stood at 65% while at the worst it stood at 135%although it's now sub 130s. Think we still have a long way to go in deleveraging?<br /><br />Or how about the fact that our annual deficit to GDP is approaching 12%?<br /><br />Or we might mention that total debt to GDP in the USA is well north of 300% and closer to 400%?<br /><br />I'm all for riding what the market will give, but it doesn't mean I have to drink the kool-aid or take the blue pill.SPECTRE of Deflationnoreply@blogger.com