So the Global Economy is aAbout to Crash Again (1 Viewer)

[phattonez]

19 Reasons To Be Deeply Concerned About The Global Economy | Zero Hedge

19 facts about why the economy is looking really bad. I'm now adding a few charts that only add fuel to the fire.

And of course there's the fact that employment still has not even begun to recover.

 

[grip]

19 Reasons To Be Deeply Concerned About The Global Economy | Zero Hedge

19 facts about why the economy is looking really bad. I'm now adding a few charts that only add fuel to the fire.

And of course there's the fact that employment still has not even begun to recover.

While, I tend to agree with many of the potential downfalls indicated in this article, especially with the debt, asset/currency over valuation, unemployment and civil unrest, the markets are controlled by investor confidence. And as long as they don't panic things could roll along for quite awhile with no serious instability to predict where the next crunch comes?

There isn't a lack of overall wealth as much as a slowing of growth and wage increase for the middle to poor working class.

 

[phattonez]

While, I tend to agree with many of the potential downfalls indicated in this article, especially with the debt, asset/currency over valuation, unemployment and civil unrest, the markets are controlled by investor confidence. And as long as they don't panic things could roll along for quite awhile with no serious instability to predict where the next crunch comes?

If markets were controlled by investors then why would there ever be crashes?

There isn't a lack of overall wealth as much as a slowing of growth and wage increase for the middle to poor working class.

Slowing of growth? That implies that here is any growth to begin with.

 

[grip]

If markets were controlled by investors then why would there ever be crashes?

Because they create these massive debt bubbles and over valuation of assets that starts panic and selloff's. Confidence is the only thing that keeps up the value of money and goods.

Slowing of growth? That implies that here is any growth to begin with.

It may be anemic but there's growth in some areas of the economy. Though adding 195,000 jobs last month sounds good it's way under the level needed to significantly reduce unemployment numbers.

 

[phattonez]

Because they create these massive debt bubbles and over valuation of assets that starts panic and selloff's. Confidence is the only thing that keeps up the value of money and goods.

If they were in control then those would never pop.

It may be anemic but there's growth in some areas of the economy. Though adding 195,000 jobs last month sounds good it's way under the level needed to significantly reduce unemployment numbers.

Did you not see the chart of the employment-population ratio? There is NO JOB GROWTH. NONE.

 

[KevinKohler]

1/5 of all jobs added post recession are temp jobs.

1/2 of the rest were full or part time, but minimum wage.

1/3 of the rest that aren't temp or minimum wage, we slightly above minimum wage, non "career" jobs.




Also of interest, Sikorsky, a major factory in CT, just laid off another 200 employees, all salaried, mostly engineers.