How's That Recovery Comin?

[randallscott35]

The good news continues this morning

"Take away the Birth/Death adjustment of 206,000 and the Real NFP is: -150,000. This is the biggest monthly B/D adjustment in over a year. And if as all the pundit claimed last month, demanding the McDonalds addition of 62,000 janitorial, part-time jobs be added to the May number, the economy really lost over 200,000 in May."

[randallscott35]

This chart goes back to 1948.

Please tell me what you see. This is the length of people on unemployment.

http://www.zerohedge.com/sites/defau...Duration_0.jpg

[jms62]

Originally Posted by randallscott35

This chart goes back to 1948.

Please tell me what you see. This is the length of people on unemployment.

http://www.zerohedge.com/sites/defau...Duration_0.jpg

Clear as day this Global economy thingie isn't working for the country as a whole. You can't fire your customers or your customers customers and expect to continue to prosper. It will be a LONG LONG time and certainly not in our lifetime that countries such as India and China will be net buyers of American products.

We're dealing with globalist politicians. They are traitors and if they tried pulling this s.hit with our grandfather's generation they would be taken care of.

We're a nation of fat zombies. Those of us who are awake can only prepare for the worst.

[jms62]

Nasdaq needs to close > 2750 else we are looking at 2600 area.

[geeker2]

wtf? But I guess with a defecit of 14+ trillion it doesn't make much difference - but it is still flucked up.

"the U.S. handed out a total of $1.4 billion to 16 foreign countries that held at least $10 billion in Treasury securities, including China ($27.2 million), Brazil ($25 million), Russia ($71.5 million), India ($126.6 million), Mexico ($316.7 million) and Egypt ($255.7 million)."

http://www.foxnews.com/politics/2011...#ixzz1ODhIDI2b