Unknown Territory

william the wie

Gold Member
Nov 18, 2009
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We have more job openings than job seekers.
The Blue Wall is losing their 1% to SALT avoidance.
GDP revisions seem to be getting more complicated and that means the final revised number takes longer to verify.
All of the above is unknown territory for which there is no verifiable model. That means a more disruptive economy than has been seen since the industrial revolution launched in the 1770s. How far off from the mark are we?
 
Much ado about nothing. Real international trade has been stagnant for a very long time, unless of course you're one of those who live in a fantasy economy wherein GM and Ford and GE and many others shipping themselves stuff from their overseas sweatshops is supposed to pass for 'foreign trade' or something, instead of just good old fashioned Gilded Age labor racketeering and indentured servitude. They can't generate any more bubbles for speculators to get rich quick on, except maybe now that the sharks are all hustiling 'Crypto-Currencies' now, seeing how many suckers they can rope into that scam. It's going to take a while to build a real domestic economy back up after some 60-70 years of rape and looting and corporate welfare subsidies; we don't even have a pool of managerial talent who can even actually operate a company in a honest productive fashion, with real accounting rules.

Two decades at the least, and of course too many enemies of the U.S. running the political system in the way. Probably can't be done, so just teach your kids how to rob and kill their neighbors, like the black and barrio culture does. 'Wall Street' is off-shored so nothing to steal there any more.
 
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