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peterb
ParticipantThe bad half is about to begin.
peterb
ParticipantThe bad half is about to begin.
peterb
ParticipantThe bad half is about to begin.
peterb
ParticipantIf you look closely at the BLS reports, you can find the U-6 number for unemployment. The number that’s reported in the MSM is almost always the U-3 number. The lie. But the U-6, the truth, is usually about twice that of the U-3. So whatever they end up “adjusting” the U-3 to, just double it to approximate the real unemployment rate.
peterb
ParticipantIf you look closely at the BLS reports, you can find the U-6 number for unemployment. The number that’s reported in the MSM is almost always the U-3 number. The lie. But the U-6, the truth, is usually about twice that of the U-3. So whatever they end up “adjusting” the U-3 to, just double it to approximate the real unemployment rate.
peterb
ParticipantIf you look closely at the BLS reports, you can find the U-6 number for unemployment. The number that’s reported in the MSM is almost always the U-3 number. The lie. But the U-6, the truth, is usually about twice that of the U-3. So whatever they end up “adjusting” the U-3 to, just double it to approximate the real unemployment rate.
peterb
ParticipantIf you look closely at the BLS reports, you can find the U-6 number for unemployment. The number that’s reported in the MSM is almost always the U-3 number. The lie. But the U-6, the truth, is usually about twice that of the U-3. So whatever they end up “adjusting” the U-3 to, just double it to approximate the real unemployment rate.
peterb
ParticipantIf you look closely at the BLS reports, you can find the U-6 number for unemployment. The number that’s reported in the MSM is almost always the U-3 number. The lie. But the U-6, the truth, is usually about twice that of the U-3. So whatever they end up “adjusting” the U-3 to, just double it to approximate the real unemployment rate.
June 19, 2009 at 9:41 AM in reply to: WARNING if you are feverishly trying to “score” one of them REO deals, DON’T READ. #417388peterb
ParticipantA huge number of people are now “dropping” off the UI payment roles. If the govt does not do another extension soon, these people are going into ‘depression mode’ pretty fast from here out.
June 19, 2009 at 9:41 AM in reply to: WARNING if you are feverishly trying to “score” one of them REO deals, DON’T READ. #417623peterb
ParticipantA huge number of people are now “dropping” off the UI payment roles. If the govt does not do another extension soon, these people are going into ‘depression mode’ pretty fast from here out.
June 19, 2009 at 9:41 AM in reply to: WARNING if you are feverishly trying to “score” one of them REO deals, DON’T READ. #417889peterb
ParticipantA huge number of people are now “dropping” off the UI payment roles. If the govt does not do another extension soon, these people are going into ‘depression mode’ pretty fast from here out.
June 19, 2009 at 9:41 AM in reply to: WARNING if you are feverishly trying to “score” one of them REO deals, DON’T READ. #417952peterb
ParticipantA huge number of people are now “dropping” off the UI payment roles. If the govt does not do another extension soon, these people are going into ‘depression mode’ pretty fast from here out.
June 19, 2009 at 9:41 AM in reply to: WARNING if you are feverishly trying to “score” one of them REO deals, DON’T READ. #418113peterb
ParticipantA huge number of people are now “dropping” off the UI payment roles. If the govt does not do another extension soon, these people are going into ‘depression mode’ pretty fast from here out.
June 18, 2009 at 11:12 AM in reply to: WARNING if you are feverishly trying to “score” one of them REO deals, DON’T READ. #417120peterb
ParticipantIt’s a classic credit bubble deflating. Except this time, we have a historically gigantic public and private debt ratio to deflate. These things take many years to unwind. 11% of the population now recieves food stamps. U-6 unemployment is in the 20% range for the state and now the nation.
Global economic contraction is firmly in process now. But we’re also a very large welfare coutry now and will probably become more so in the future. I doubt there will be devistation, but the standards we’ve grown used to in the last 30 years are going to be for only the top few percent to enjoy.
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