Friday, May 04, 2012


ALmost all the jobs being produced in economy are derived from the pretend numbers the Gov't makes up from its BIRTH DEATH MODEL.

If you factor in inflation it looks as wages and corporate profits are stagnant. I continue to contend we are in the process of putting in A TOP in the bull mkt that began in 2009 which was born out of FED intervention and gaming.

NO important structural changes or improvments have ocurred, all that has been been is ADD to the adjustments that are still needed and delay the inevitable......making it worse for most.


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