The national unemployment data is completely skewed and loaded with ambiguous data. Sad to say that SirRawdoglet here is making some good points. You never see guys on the right side of the trades too often but here is one for the record:
...developing...and subject to change of course...channel removal, etc.....:-)...
The News UNIT scenario:
The way I see it is the market will likely crash to make room for the Facebook (FB) IPO which I was expecting somewhere in the April/May time frame or shortly thereafter. After the market gets taken down to say DJIA 8,000 at least or even lower I suspect we will be faced with a CURRENCY RESET/DEVALUATION as perhaps the entire global market is taken down even further with a large global crisis.
This will make room for global government to take over, completely nullify the U.S. Constitution, and result in some balkanization of the U.S.A. You better pick your state to live in because it will turn into a country soon enough!
It's game over for:
- medicare
- retirement income
- IRA's
- personal stock trading accounts
- bank accounts and investing
- property ownership
- and more...
There will also be a very STRONG DELUSION sent by God. And in a society where already we have 9999 pure selfish people it will be every man for himself. And you won't like it!
...developing...