Results 1 to 2 of 2

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Senior Member AirborneSapper7's Avatar
    Join Date
    May 2007
    Location
    South West Florida (Behind friendly lines but still in Occupied Territory)
    Posts
    117,696

    The Greatest Wealth Shifts of All Time 34.3 % unemployed

    The Greatest Wealth Shifts of All Time

    by Martin D. Weiss, Ph.D. 08-10-09
    Martin D. Weiss, Ph.D.

    While the U.S. stumbles into a feeble recovery, Brazil and China are leaping ahead into a new boom.

    It’s an economic gap of massive dimensions and unprecedented consequences.

    It’s gradually turning the global balance of power upside down and inside out.

    Most important for investors, it’s generating some of the greatest wealth shifts of all time.

    To grasp the enormity of the gap, just look at the latest jobs reports from each country …

    U.S.: Chronic Depression-Level Unemployment

    Friday’s jobs release had several positives: Employers shed fewer jobs. Hourly earnings climbed a tad. The number of hours worked ticked up slightly. And even the unemployment rate itself slid by a tenth of a point. (See Mike Larson’s blog.)

    This underscores our view that the U.S. economy could enjoy a feeble recovery for several more months, much like Japan did in response to massive government intervention during its lost decade of the 1990s. (Watch the video with my forecasts or review the transcript.)

    So for anyone who had been hammered to a pulp by prior unemployment disasters, the news was clearly “less bad.
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  2. #2
    Senior Member AirborneSapper7's Avatar
    Join Date
    May 2007
    Location
    South West Florida (Behind friendly lines but still in Occupied Territory)
    Posts
    117,696
    BTTT
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •