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Steve_A · 10-30-2009, 10:57 AM

Hi Viking,

I'm waiting patiently for the demise of the US economy. It will happen. There are some pointers to this, which many people seem to have missed.

Firstly there was a more than ample news piece on civilian posts to be filled in the US army. These posts of work normally are for office type duties in the US. Why is this one pointer? Normally when the going gets tough on the jobs front, things of this sort are reported on, or even transmitted as an outright advert. How many Brits remember "Join the Professionals" ads in the 1980's?
Will those ads appear more in the UK as the depression (er sorry recession) bites down harder?

Yesterday, GDP figures were released by the US government, saying that the GDP of the US grew by 3.5%, more than expected. But take out of that the incentives that have been offered and the 13% decline in the US$ against major currencies over the last year, that figure cannot be all that true. Itmay be on paper, but you have to include the value of the incentives in the workings out and the real value of goods produced to get an accurate GDP figure. I'm sure that one could argue that the GDP shrank in the US if you took these factors into consideration.

So what made the DOW shoot up yesterday? Unemployment grew again, which meantthat companies were cutting expenses. That in turn of course would give them a temporary high in their profit margins. It's this figure that
they release to the pundits to make their bets on the stock market.

It's a little like the Kings' New Clothes. Eventually somebody is going to declare that the King is naked. That's when the houseof cards is going to collapse all together and the collapse will be a fast one.

When will all of this happen? It all depends on the little boy who calls it.

Best regards,

Steve

10-30-2009, 10:57 AM	#41
Steve_A Project Avalon Moderator Join Date: Sep 2008 Location: Northeastern Brazil Posts: 1,259	Re: Custers last stand??? Hi Viking, I'm waiting patiently for the demise of the US economy. It will happen. There are some pointers to this, which many people seem to have missed. Firstly there was a more than ample news piece on civilian posts to be filled in the US army. These posts of work normally are for office type duties in the US. Why is this one pointer? Normally when the going gets tough on the jobs front, things of this sort are reported on, or even transmitted as an outright advert. How many Brits remember "Join the Professionals" ads in the 1980's? Will those ads appear more in the UK as the depression (er sorry recession) bites down harder? Yesterday, GDP figures were released by the US government, saying that the GDP of the US grew by 3.5%, more than expected. But take out of that the incentives that have been offered and the 13% decline in the US$ against major currencies over the last year, that figure cannot be all that true. Itmay be on paper, but you have to include the value of the incentives in the workings out and the real value of goods produced to get an accurate GDP figure. I'm sure that one could argue that the GDP shrank in the US if you took these factors into consideration. So what made the DOW shoot up yesterday? Unemployment grew again, which meantthat companies were cutting expenses. That in turn of course would give them a temporary high in their profit margins. It's this figure that they release to the pundits to make their bets on the stock market. It's a little like the Kings' New Clothes. Eventually somebody is going to declare that the King is naked. That's when the houseof cards is going to collapse all together and the collapse will be a fast one. When will all of this happen? It all depends on the little boy who calls it. Best regards, Steve