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Stock market down, job numbers weren't good (Read 200 times)
Land of Freedom
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Stock market down, job numbers weren't good
Jun 4th, 2010 at 5:38pm
 
Poor job numbers with most jobs created were temp census jobs. Faultering economy?

Where will jobs come from, will there be many new jobs?
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BlackSand
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Re: Stock market down, job numbers weren't good
Reply #1 - Jun 5th, 2010 at 12:07pm
 
Were screwed. I think were about to hit a depression as bad if not worse than the great depression. Collapse of the welfare state. Collapse of the warfare state. I mean, with everything the government is doing, its hard to believe theyre not collapsing us on purpose.

Also, this whole census thing is the most blatant corruption I've ever seen. Did they really think that was going to work? Politicians are idiots.
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Re: Stock market down, job numbers weren't good
Reply #2 - Jun 6th, 2010 at 10:00pm
 
The stock market numbers can be really misleading as they tend to think it is positive for the governmnt to intervene instead of them thinking this kind of action is inflationary.
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Re: Stock market down, job numbers weren't good
Reply #3 - Jun 7th, 2010 at 12:37am
 
I am with Sand on this one. We are headed for a hole. This will be slower to hit here than it could be, solely because Europe will go first, and the comparative safety of our currency will make us hold our international credit rating a little longer.

Of course. if the spending does not slow down at all, which will only happen if either no one wises up in the next two election cycles (the one coming soon and the next presidential one) or no one gets the real deal and more big spenders are put into office because the powers that be have all the right people in all the right places, and people are too scared of stepping too far outside the status quo.
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Angus
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Re: Stock market down, job numbers weren't good
Reply #4 - Jun 7th, 2010 at 9:07am
 
Jon Smith wrote on Jun 7th, 2010 at 12:37am:
I am with Sand on this one. We are headed for a hole. This will be slower to hit here than it could be, solely because Europe will go first, and the comparative safety of our currency will make us hold our international credit rating a little longer.

Of course. if the spending does not slow down at all, which will only happen if either no one wises up in the next two election cycles (the one coming soon and the next presidential one) or no one gets the real deal and more big spenders are put into office because the powers that be have all the right people in all the right places, and people are too scared of stepping too far outside the status quo.



Yes... I agree we are heading far south.
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Re: Stock market down, job numbers weren't good
Reply #5 - Jun 8th, 2010 at 12:36am
 
China will purchase Europe and America. Hopefully their trend towards economic libertarianism will bleed towards political freedom.
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Land of Freedom
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Re: Stock market down, job numbers weren't good
Reply #6 - Jun 8th, 2010 at 1:57pm
 
Richard Enderle wrote on Jun 8th, 2010 at 12:36am:
China will purchase Europe and America. Hopefully their trend towards economic libertarianism will bleed towards political freedom.


Now it looks like China is the free world. Also Russia. While US and Europe lose freedom.
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Re: Stock market down, job numbers weren't good
Reply #7 - Jun 8th, 2010 at 9:17pm
 
Land of Freedom wrote on Jun 8th, 2010 at 1:57pm:
Now it looks like China is the free world. Also Russia. While US and Europe lose freedom.



Russia and China are not exactly free at this point.
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Re: Stock market down, job numbers weren't good
Reply #8 - Jun 8th, 2010 at 10:42pm
 
Yea, I have no faith that China or Russia will be the new bastions of freedom in the world.
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Re: Stock market down, job numbers weren't good
Reply #9 - Jun 10th, 2010 at 12:41am
 
Well, on the plus side of all this. Pretty soon we'll know how right conspiracy theorists are. Once we hit the bottom, itll go one of two ways. One, a truly free market. Im pretty sure most people are realizing that this has nothing to do with capitalism. But everything to do with the government. The second option is we head towards new world order and the Wocu (world currency unit).

Interesting time to be alive isnt it. Smiley

I guess theres more options too. World war. Apocalypse. A splintering of the whole world into many different economic systems(fairly likely). We all melt due to global warming. etc. etc.
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