Not to worry.
Obama is on top of this.
“Fore!”
But unemployment is less than 5%!!!!
Or maybe, if we calculated unemployment the same way they did in the 1930’s; it’s actually 25%.
Or, as Donald Trump has pointed out; it’s actually around 40%; if you subtract the Participation Rate from the potential workforce.
A friend of mine in Orange County, CA just told me about the large retail stores that have permanently closed their doors in her area; Home Depot, Vons, Smart & Final, etc. And Macy’s is getting ready to close their doors soon.
The Obama Economy - worse than the Franklin Frickin Roosevelt Economy!!! LOL.
Soon all the petty, silly insults and posturing that have characterized this Presidential campaign will be dwarfed by the coming economic reality. The political dynamic will change dramatically as the American people will become frightened and anxious about their economic status. Trump will benefit immensely.
What could go wrong? LOL
As long as Janet can talk the DOW back up, everything will stay rosy.
How bad can it be with 5% unemployment?....comrades.
Tsunami warnings, but few believe because it is not yet seen. Once seen, it is way to late to save much of anything.
I’m just grateful that the chocolate ration has been increased again.
When did yields soar?
Another chunk of the debt regime is about to break off. The desperation from central banks and governments is naked and exposed to all.
The cheap oil move, built on propaganda:
Strike!
The negative interest scare, also built on propaganda:
Ste-e-erike!
My guess: one more.