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Old 03-20-2012, 08:30 AM
 
4,538 posts, read 4,813,430 times
Reputation: 1549

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The stock market, like the American monetary system in general, is a manipulated entity.

"No matter how often the pretty people on television tell us that the U.S. economy is getting better, it isn't going to change the soul crushing agony that millions of American families are going through right now.

The stock market may have gotten back to where it was in 2008, but the job market sure hasn't. As I wrote about a few days ago, the percentage of working age Americans that are actually employed has stayed very flat since late 2009, and the average duration of unemployment is hovering near an all-time high. Sadly, this is not just a temporary downturn.

The U.S. economy has been slowly declining for several decades and is nearing total system failure. Right now, many poverty statistics are higher than they have ever been since the Great Depression. Many measurements of government dependence are the highest that we have ever seen in all of U.S. history. The emerging one world economic system (otherwise known as "free trade") has cost the U.S. economy tens of thousands of businesses, millions of jobs and hundreds of billions of dollars of our national wealth.

The federal government is going into unprecedented amounts of debt in order to try to maintain our current standard of living, but there is no way that they will be able to sustain this kind of borrowing for too much longer. So enjoy this bubble of false prosperity while you can, because things will soon get significantly worse.

Today, millions upon millions of Americans are waiting around hoping that someone out there will hire them."

The U.S. Economy: Soul Crushing Total System Failure
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Old 03-20-2012, 08:36 AM
 
5,113 posts, read 5,974,132 times
Reputation: 1748
Quote:
Originally Posted by KRAMERCAT View Post
The stock market, like the American monetary system in general, is a manipulated entity.

"No matter how often the pretty people on television tell us that the U.S. economy is getting better, it isn't going to change the soul crushing agony that millions of American families are going through right now.

The stock market may have gotten back to where it was in 2008, but the job market sure hasn't. As I wrote about a few days ago, the percentage of working age Americans that are actually employed has stayed very flat since late 2009, and the average duration of unemployment is hovering near an all-time high. Sadly, this is not just a temporary downturn.

The U.S. economy has been slowly declining for several decades and is nearing total system failure. Right now, many poverty statistics are higher than they have ever been since the Great Depression. Many measurements of government dependence are the highest that we have ever seen in all of U.S. history. The emerging one world economic system (otherwise known as "free trade") has cost the U.S. economy tens of thousands of businesses, millions of jobs and hundreds of billions of dollars of our national wealth.

The federal government is going into unprecedented amounts of debt in order to try to maintain our current standard of living, but there is no way that they will be able to sustain this kind of borrowing for too much longer. So enjoy this bubble of false prosperity while you can, because things will soon get significantly worse.

Today, millions upon millions of Americans are waiting around hoping that someone out there will hire them."

The U.S. Economy: Soul Crushing Total System Failure
Yep... the stock market indicators are up but strangely most peoples 401k is still well below where it was and the average joe is not making much money in trading. Its as bogus as a three dollar bill ... just like the bogus recovery.
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