Large-scale lay-offs in the U.S. (defined as lay-offs of 50 or greater at one time) hit the highest level since this statistic was created in 1995, according to an article from CNN. This is yet another indication that the U.S. economy is plummeting downward – with absolutely no signs of stability, let alone a “recovery”.
Up to this point, the U.S. government has been very successful in duping market sheep (i.e. the “experts”) through publishing totally fraudulent monthly jobs reports. With the U.S. economy losing roughly 2 million jobs each month (“U.S. economy to lose 20 MILLION jobs this year”see ), the government claimed that less than 400,000 jobs were lost in May.
The fact that the unemployment rate continues soaring higher each month, that “mass lay-offs” are at record levels, and with state governments across the U.S. slashing spending to meet budget shortfalls (i.e slashing jobs) conclusively demonstrates that “official” government reports have absolutely no connection to reality.
Even if this rate of decline is now linear (i.e. falling at the same rate each month), this does not imply “stability”. Jobs are being lost in the U.S. at least as fast as during the Great Depression – if not faster. To suggest that this implies “moderation” is simply stupidity, from people who have absolutely no understanding of basic arithmetic.
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With the insane demoncraps trying to implement massive cap & trade taxation, look for the country to fail. Why aren't these representatives being brought up on treason charges?
ReplyDeleteDEMSvsGOP is all fake window dressing. They all work together for the same agenda. All puppets. Or as a congressman recently stated: "The banks own this place."
ReplyDeleteAs far as the employment numbers, I have many contractor friends and they all tell me the same thing. They are barely hanging in there by their fingernails. Most say if things don't improve soon it is game over for them. That is a lot of lost jobs.
I hate 'stats'. If you want real truth look around and make your own judgments.
Went to a restaurant last night that is usually packed like sardines. There were 11 people in the whole place. That kind of observation in real time I will take over any official statistics.
In total agreement with Gerrald Celente that this fall's retail numbers will be horrific. People are saving in soon to be worthless FIAT paper and not spending.
Frankly, I'm a little shocked and for me to be shocked means this is a lot worse than any of you realize because I'm the biggest doom and gloomer ever born. I mean, I was telling my friends in 2006 that the housing bubble would burst and take the whole economy with it. They didn't beleive me then. They do now. But if what that article is saying is true, that we're actually losing something more like 2.5 to 3 million jobs a month...well that does fall more inline with the curve of say the BDI or many other 'leading indicators' that fell right off a dargone cliff a while back. So if this is true then yes indeedy...yes indeedy...needless to say I'm a whole lot more concerned all of a sudden about all those FEMA camps..and the rumours of a bank holiday..and that the state department knows something bad is going to happen later this year that will require all sorts of really bad actions by the government...yes indeedy...all of a sudden the picture is getting a whole lot clearer...and it ain't a pretty picture t'all.
ReplyDeleteTwo days ago I had a UPS delivery and asking
ReplyDeletethe driver if things were improving meaning more deliveries,he gulped and laughed, not
Sir, we deliver less and less as times goes by.
Are this the signs of green shoots? He is grateful that he - will be retired next year and move out the heck of this broken country- (sic).
Hey guys, the real criminals here are the banksters that control everything. In case you didn't hear the news or read it before - it's the banksters! I am actually more intelligent than most people I see because of this little piece of insider knowledge that makes me so aware. If you disagree in any way, shape, or form, you are without a doubt a 100% complete IDIOT!
ReplyDeleteSo let me remind you one more time for all the idiot's who can't use their brains to figure out the dilema: IT'S THE BANKSTERS. That's all you need to know. Live it, learn it, breate it, sleep with it, and repeat it always.
Oh yeah... And kill all the jews!
Please learn the difference between Zionist bankers and 'Jews' in general. Thanks in advance.
ReplyDeleteHey, I did not know there was a difference, thanks for the educashun!
ReplyDeleteHang all those zionists , but from what ive heard from William Engdahl and the like , it is the elite who are being wiped
ReplyDeleteout also , this crisis is even out of their reach , look t the figures there are 400-550Trillion $$ of derivaives that are worthless more then 10x the entires GDP of the world , i could be wrong though , Benjamin Fulford also , seems to have good insider knowledge , see his interview with Rockefeller himself , , also look on youtube with Ben Fulford and Zionist Leo Zagami .... i dunno what is what , but one thing is for sure , have your guns and rifles cleaned and loaded and prepare to hunt for your next meal , make peace with neighbours and make the best out of what is to come ,
peace to all
My neighbors are all useless twits.
ReplyDeleteI have been preaching to my family and freinds for years that our economy is going to implode. I told my dad 2 years ago to sell his stocks, he did not of course, and yesterday I said the same thing, and he would not hear of it, even though his net value is aproximately 50% from 2 years ago. So I give up. Most Americans are braid dead, or brain washed, from TV.
ReplyDeleteMy business is dead, I am a Telecommunications Agent and the leads have died down to almost 0 per day. My guess is that some people or businesses figured out that maybe our economy is going to implode and they have stopped all expenditures and are cutting back.
CA is going bankrupt, how much coverage is that story getting, oh, no, it's all about dead stars, one of whom is an admitted child molester.
Good luck America! We have been taken over and no one seems to care....See you at Camp FEMA very soon!
Wish I had the knowledge and bravery to get out of here. It will be bad everywhere of course, but worse here. Surrounded by patriotic morons that have to clue.
ReplyDeleteTo the empire we are a resource and it is not easy to leave an empire.
People are very concerned about MJ, Farrah and Billy Mays. They can't be bothered with the slide into the abyss.
ReplyDeleteOn a brighter note, the media attention toward MJ has thrown a monkey wrench into the banker media's Iran phony 'revolution.' The staged 'revolution' to put a US puppet in power there is being unstaged by the gloved one.