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Old 15-10-2009, 08:41 PM
Nesti (Mark)
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Nesti is offline
 
Join Date: May 2009
Location: Perth, Australia
Posts: 799
Quote:
Originally Posted by Kal View Post
In the last 18 months their unemployment rate has gone up from 4.8% to 9.8%, and it is still climbing from September to October this year (source).
Sorry Kal, those are official US Government figures, as such, they do not include certain demographics which our bureau of statistics do trap and factor in. The REAL approximation is 14-15% unemployment.
http://wallstreetpit.com/10873-real-...stem-is-broken

"If one considers the people who would like a job but have stopped looking -- so-called discouraged workers -- and those who are working fewer hours than they want, the unemployment rate would move from the official 9.4 percent to 16 percent, said Atlanta Fed chief Dennis Lockhart."
http://www.breitbart.com/article.php...show_article=1

To put that into more realistic and scarier terms; for every 75 US citizens who are working full-time, there is 1 US citizen in Gaol (Jail).

If you understand the term 'monetization of debt', then the next video is even scarier, but it IS real;
http://www.youtube.com/watch?v=0-ZZFmKFk1s
If you can't visualise what US$60 Trillion is, it's roughly 1/4 of US$1M ($250,000) for every man, woman and child in the US...how do you pay for that?????

monetization means;
http://en.wikipedia.org/wiki/Monetization

Last edited by Nesti; 15-10-2009 at 09:30 PM.
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