More green shoots

User Forum Topic
Submitted by 4plexowner on July 3, 2009 - 6:29am

Well, if you can't find green shoots create them

On July 31st US GDP numbers will be revised going all the way back to Great Depression #1

Perhaps someone cares to dig into this report and make some sense of it

Any bets on how the revisions will allow for more 'green shoots' to be found sprouting in our economy?

http://www.bea.gov/scb/pdf/2009/03%20Mar...

Some of the changes being made are for 'economic considerations' - just like they stopped publishing M3 back in 2001 so they could save money (and if you believe that one ...)

‹ What are the real unemployment numbers? The Great American Bubble Machine-Government Sachs ›
Housing will trudge along for
Submitted by jficquette on July 3, 2009 - 8:04am.

Housing will trudge along for another 5 years until rates shoot up to 10-12% forcing housing to take another 50% haircut.

The "Green Shoots" thing
Submitted by GH on July 3, 2009 - 9:10am.

The "Green Shoots" thing reminds me of the "Parable of the Sower"

Yea after Fridays employment
Submitted by Nor-LA-SD-guy on July 3, 2009 - 9:37am.

Yea after Fridays employment numbers it was easy to slip into the mind set that we are being sucked into a economic black hole (at the center is housing),

I got to go run to get my mind out of this hole for a while.

Can't let myself subscribe to this, There is abundance out there, there is abundance out there, there is abundance out there.

Got to keep repeating that..

run run run !!!

"Messianic philosopher of the
Submitted by Zeitgeist on July 3, 2009 - 9:59am.

"Messianic philosopher of the unknown, Nassim Taleb appeared recently on CNBC’s “Squawk Box,” warning the United States and other world governments to immediately start converting the massive debt choking the global economy into equity, or risk a full-blown financial crash." Unless that is the plan. I am starting to think like Arraya on that.

http://chattahbox.com/business/2009/07/0...

I missed the other Black Swan topic or I would have posted there.