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Home Our Perspective Unemployment 9.7%! For Sale: Ocean Front Property In Nevada
Unemployment 9.7%! For Sale: Ocean Front Property In Nevada PDF Print E-mail
Written by Steve Meyers   
Friday, 05 February 2010 08:56

altPlease.... we all knew lipstick was going to be applied to the pig today but we got a total makeover (lipo, botox, lobotomy). We probably will get a dead cat bounce that will be sold but longer term I believe the high is in and we need to error on the short side. What we are seeing in Europe is a mild preview of what's coming to our shores...soon. Shut off CNBC and all the morons they recycle who told us everything was fine all the way down the first time.

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Graham |137.54.24.xxx |2010-02-05 09:34:15
Steve

I am afraid you are mistaken here. The recession is over. Bernanke said so. And he saved the world.

REAL unemployment is in fact -10%. We have actually already hired non-humans (plants, wildlife) to the workforce insuring a greater than 100% employment rate.

GDP growth of 80% 1Q10 GUARANTEED.
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Last Updated on Saturday, 06 February 2010 14:28
 

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