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jeff47

(26,549 posts)

6. I'm not sure about one part of their analysis.

Reply to Binkie The Clown (Original post)

Tue Aug 11, 2015, 02:05 PM

Aug 2015

From Washington: In each jobs report the government insists that the unemployment rate is stable and job creation is improving. Look a little further and you see that each month, the number of people leaving the labor force is far larger than the number of jobs created; and that the number of jobs vanishing each month is rising fast; the number of jobs cut in the US in July, 106,000, was the highest monthly total since 2011 and up 136% from the previous month, 125% year-to-year.

Yeah....the boomers are retiring.

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Highlight:

The Crash of 2015: Now Arriving at Gates 3,7,12,19….. [View all] Binkie The Clown Aug 2015 OP

I'm not changing a thing... brooklynite Aug 2015 #1

Panicking with your 401k if you are not near retirement would be bad. jeff47 Aug 2015 #2

Then we'd better get Bernie in there with some common sense, strong spined congress critters! haikugal Aug 2015 #8

Banksters would like to thank all those little people for the endless revenue stream Rex Aug 2015 #3

If all of the crashes that have been predicted actually happened we would be a 3rd world country. Dawgs Aug 2015 #4

Well he's not as bad as Kunstler, who has been shiiling Dow 3000 for as long as I recall whatthehey Aug 2015 #7

Crashes generally happen in October. We're not even midway through August. closeupready Aug 2015 #5

are you sure it is not October now? hfojvt Aug 2015 #12

I'm not sure about one part of their analysis. jeff47 Aug 2015 #6

not sure that works though hfojvt Aug 2015 #14

Only if those jobs still need to be done. jeff47 Aug 2015 #15

seems to me that the jobs will typically still need to be done hfojvt Aug 2015 #16

There's going to be a downturn. BKH70041 Aug 2015 #9

OMG! liberal N proud Aug 2015 #10

It is almost impossible to find a time when there aren't "approaching signs of trouble". BillZBubb Aug 2015 #11

2015? I thought Ron Paul postponed it louis-t Aug 2015 #13

The Shanghai Composite Index is up 19% since Jan. 1. former9thward Aug 2015 #17