Pouring over all the recent economic data, there is no doubt in my mind that we have started the second and final wave into the lost decade much like that of Japan.
Zero job growth? Not since 1945. ISM, number is contracting fast.
Fed's...OUTA credibility and zero confidence vote among the smart money.
Sheeople, watching their 101ks slowly head for the cliff and soon to find their investments near Down 9000 and their brokers screaming buying opportunity.
Buy and hold for 40 years.... Good Luck with that.
JAPAN had a manufacturing base, yet it took them 20 years to try and dig out of their Assets Bubbles and their Over Leveraged Economy.
The US has nothing. 70% consumer base that will shrink to half that in a few years. Great Works Projects coming to the table will employee few and have zero effect on GDP.
The Liberals and Socialist have the perfect play to add more government and soon, the people will be crying out loud for Socialism and Mother FED to take care of them. The writing is on the wall and those who still can not see the words, will be left in the "Bread" lines at Walmart with their Food Stamp Debit card.
Energy, natural gas and the conversion of the infrastructure to start the transition for the Power Grid would be a wise idea. The Crack Spread is screaming Oil crash.
Johnny Cubical and Mary Call center will find them selves working less hours for less money as CEO's cut back on "Hours" and Pay. That is the next step. True unemployment is near 23% (Do your own research on this number) I doubt we will reach higher than 25%. However, wages, salaries and hours will be cut...that is the next phase.
99ers....well they are beyond fucked. Will continue to be jobless in most of the states where they live.
With that said, the states that have stronger job growth that of the East and West Coast will start a boom cycle. Yes, Texas for example is feeling some of the nations pain. However, it's far from being pushed into the Abyss as NY, IL, MO, NC, FL, CA and countless other East and West Coast States.
The Stock Markets, not worth the electronic numbers printed every second. Any fool knows this, yet the still buy buy buy.
Hard Assets, inflated in some arenas...but fare far better than the US STOCK MARKET.
Traders, daytraders in general, getting wiped out daily in 1000s. Bucket Shops closing every day.
The economy is at a cross roads. No one, no one single person can really say where the US economy is going for sure. Japan's model is one the US mimics most.
The old school idea of "Investing" in typical US companies is over. There is a world bigger than America. Plenty of money being made outside the US.
Wealth will always make money. Poor, shall always stay poor for the most part. The Middle Class....in a free fall for the most part in the US.
Read the stories and the history of the Implosion of Venezuela and now Greece. Forget the main stream talk of ROME. Rome was not like the US yet, Greece and Venezuela are very close to the US. Massive Debt, people who voted for Bigger Gov and socialism. Free markets destroyed.
So, the odds are pointing towards the US collapse falling in the same order as Venezuela, Greece and Japan. Theses are the models of collapse that we know to be the most current.
We can also throw in the Russian Currency crises that the dollar could possible follow as well.
So, be aware, make your money and do not be surprised when the word DEPRESSION finally is plastered across main stream headlines.
Zero job growth? Not since 1945. ISM, number is contracting fast.
Fed's...OUTA credibility and zero confidence vote among the smart money.
Sheeople, watching their 101ks slowly head for the cliff and soon to find their investments near Down 9000 and their brokers screaming buying opportunity.
Buy and hold for 40 years.... Good Luck with that.
JAPAN had a manufacturing base, yet it took them 20 years to try and dig out of their Assets Bubbles and their Over Leveraged Economy.
The US has nothing. 70% consumer base that will shrink to half that in a few years. Great Works Projects coming to the table will employee few and have zero effect on GDP.
The Liberals and Socialist have the perfect play to add more government and soon, the people will be crying out loud for Socialism and Mother FED to take care of them. The writing is on the wall and those who still can not see the words, will be left in the "Bread" lines at Walmart with their Food Stamp Debit card.
Energy, natural gas and the conversion of the infrastructure to start the transition for the Power Grid would be a wise idea. The Crack Spread is screaming Oil crash.
Johnny Cubical and Mary Call center will find them selves working less hours for less money as CEO's cut back on "Hours" and Pay. That is the next step. True unemployment is near 23% (Do your own research on this number) I doubt we will reach higher than 25%. However, wages, salaries and hours will be cut...that is the next phase.
99ers....well they are beyond fucked. Will continue to be jobless in most of the states where they live.
With that said, the states that have stronger job growth that of the East and West Coast will start a boom cycle. Yes, Texas for example is feeling some of the nations pain. However, it's far from being pushed into the Abyss as NY, IL, MO, NC, FL, CA and countless other East and West Coast States.
The Stock Markets, not worth the electronic numbers printed every second. Any fool knows this, yet the still buy buy buy.
Hard Assets, inflated in some arenas...but fare far better than the US STOCK MARKET.
Traders, daytraders in general, getting wiped out daily in 1000s. Bucket Shops closing every day.
The economy is at a cross roads. No one, no one single person can really say where the US economy is going for sure. Japan's model is one the US mimics most.
The old school idea of "Investing" in typical US companies is over. There is a world bigger than America. Plenty of money being made outside the US.
Wealth will always make money. Poor, shall always stay poor for the most part. The Middle Class....in a free fall for the most part in the US.
Read the stories and the history of the Implosion of Venezuela and now Greece. Forget the main stream talk of ROME. Rome was not like the US yet, Greece and Venezuela are very close to the US. Massive Debt, people who voted for Bigger Gov and socialism. Free markets destroyed.
So, the odds are pointing towards the US collapse falling in the same order as Venezuela, Greece and Japan. Theses are the models of collapse that we know to be the most current.
We can also throw in the Russian Currency crises that the dollar could possible follow as well.
So, be aware, make your money and do not be surprised when the word DEPRESSION finally is plastered across main stream headlines.
