REAL WORLD EVENT DISCUSSIONS

The upcoming financial disaster, in straighforward terms (Peter Schiff)

POSTED BY: SIGNYM
UPDATED: Sunday, May 6, 2018 20:00
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Monday, July 10, 2017 4:32 AM

SIGNYM

I believe in solving problems, not sharing them.


This has got to be the best explanation of what we're doing wrong, by Peter Schiff. Schiff, btw, predicted the 2008 melt-down, and people laughed at him.


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Monday, July 10, 2017 3:09 PM

SIGNYM

I believe in solving problems, not sharing them.


bump

-----------

"Pity would be no more,
If we did not MAKE men poor"- William Blake

THUGR, JONESING FOR WWIII
All those guns 1kiki, are pointed towards your beloved Russia. All those cyber capabilities, pointed right at Russia. Thanks Putin, and get ready to duck.
I'll accept your apology any time, THUGR. But I know you're not man enough to give me one


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Tuesday, July 11, 2017 3:51 AM

JAYNEZTOWN


Cassandra effect, someone preditcs a dire warning, a big crash, it happens...next people start to ignore this person wanting to believe in a new economic miracle, they gets tired of the doom and gloom and want to hear something nice, something about hitting the jackpot, Doomsterism looms. An economic crash does hang over, yes there are Debt ceiling to be broke but most Presidents will just try to quick fix, patch up the sinking boat, kick the can down the road and set the baot sail for another four years. A seer, a woman who had visions of the future, the 'predicament', or 'curse') occurs when valid warnings or concern to the peoples are dismissed or disbelieved
Lack of materials, scarcity, crime, unemployment, overpopulation, tribalism, conflicts, war and disease, Muslim-Hindu and other ethnic and religious strife over falling water tables probably unavoidable a huge mess looms in Africa and probably another credit crisis across Europe, N.America, South America. The world's economic center of gravity has shifted massively. The Center of Economic Gravity was once over Europe heading in the direction of New York, it shifted massively and is now moving into Russia, Kazakhstan and into China? The US, Britain and France heavily invested with backstabbing jihadist Arabs of the Middle East while Life is changing in every Urban area across the planet. The Urban Rat, the City Rat race , the Cities, the Metropolis and MegaCity are now the main human habitat on the planet and these cities are swelling to super mega cities and urban sprawls with populations that surpass most states. The rat races build the Cities will thus dominate the global social and political scene they will also domiante in terms of sheer numbers and people in a neo concrete jungle with no connection to nature will get to decide and vote and the waters, the corp growers, animals, the farm workers and natural resources of the planet. The economic center shifted

People ignore Doomsayers, like the Cassandra Effect in the myth and history anceint Greek.


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Friday, July 14, 2017 4:16 AM

SHINYGOODGUY


Oh, great...more good news.

Well, that sucks for the wealthy now, doesn't it!?


SGG


Quote:

Originally posted by SIGNYM:
This has got to be the best explanation of what we're doing wrong, by Peter Schiff. Schiff, btw, predicted the 2008 melt-down, and people laughed at him.



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Sunday, February 25, 2018 4:23 AM

JEWELSTAITEFAN


Quote:

Originally posted by SIGNYM:
This has got to be the best explanation of what we're doing wrong, by Peter Schiff. Schiff, btw, predicted the 2008 melt-down, and people laughed at him.

Are they still laughing at him?

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Monday, April 30, 2018 6:20 PM

JEWELSTAITEFAN


2 months later....
Are we in a financial disaster?
Dow is at about 9% off the Record All-Time High.
GDP is growing faster that projected.
Unemployment figures are at all-time historic lows.
Unemployment among minorities is at all-time historic lows.
Home Ownrership among minorities is at all-time historic highs.

OH NOES!!!

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Monday, April 30, 2018 6:30 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


I briefly looked for a date for the video, or a date for the prediction, and didn't find any.

I think you'll have to do better than ...



... it's all good so far!




So anyway ... anyone up for a rational, fact-based, and civil discussion about the topic?

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Tuesday, May 1, 2018 3:02 AM

JEWELSTAITEFAN


Quote:

Originally posted by 1kiki:
I briefly looked for a date for the video, or a date for the prediction, and didn't find any.

I think you'll have to do better than ...


... it's all good so far!

So anyway ... anyone up for a rational, fact-based, and civil discussion about the topic?

I'm not sure if you are implying the prediction was around July 2017 with Dow around 21,500-21,800 or the prediction was around 2012 with Dow around 12,000. Regardless of when in that span, his Nostradamus act appears worthless.

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Tuesday, May 1, 2018 5:45 PM

JO753

rezident owtsidr


He makes a common mistake in the video.

"Why did peepl vote for Trump if everything iz so good? Why did they vote for chanje? They shoud hav voted for Hillary for more uv the same."

I keep hearing the 'why did voterz chooze Trump' argument in various formz.

It iz false. Peepl DID vote for Hillary! She got 3 million more votes than Trump - a comfortable marjin, exept for the $#@& stoopid electoral collej system.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Tuesday, May 1, 2018 7:13 PM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JO753:
He makes a common mistake in the video.

"Why did peepl vote for Trump if everything iz so good? Why did they vote for chanje? They shoud hav voted for Hillary for more uv the same."

I keep hearing the 'why did voterz chooze Trump' argument in various formz.

It iz false. Peepl DID vote for Hillary! She got 3 million more votes than Trump - a comfortable marjin, exept for the $#@& stoopid electoral collej system.



Over 60 million people were going to be super pissed either way J0. This country is more divided than it ever has been. I still know people who won't talk to each other after how they argued on Facebook during the election season.



Besides... you guys had 8 years to do something about the Electoral College when your Savior was in office. The problem is that you never hear Democrats bitching about it when a Democrat wins.


I suspect that is because Democrats in power know that they truly don't want to get rid of it either. They've got most of the states with the largest numbers on lock down and they usually don't have to bother with any campaigning in them. "Got one of the largest Urban centers in the US and plenty of Unions in Illinois? Well even though a map shows the rest of the state as strongly Republican, it's going to be points for the Democrats every time. No point campaigning there."

If the Democrats in power actually thought of the Electoral College as a problem it would have been dealt with at some point in history by now.

No. They're perfectly fine with the way that things are right now. They also benefit from the fact that when things don't go their way they've got something to whine and bitch about too.

Do Right, Be Right. :)

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Tuesday, May 1, 2018 8:02 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 1kiki:
I briefly looked for a date for the video, or a date for the prediction, and didn't find any.

I think you'll have to do better than ...


... it's all good so far!

So anyway ... anyone up for a rational, fact-based, and civil discussion about the topic?

I'm not sure if you are implying the prediction was around July 2017 with Dow around 21,500-21,800 or the prediction was around 2012 with Dow around 12,000. Regardless of when in that span, his Nostradamus act appears worthless.

OK, the video was apparently made after Trump was elected, so this Nostradomus was talking about this horrible economy since then.

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Wednesday, May 2, 2018 1:41 AM

JO753

rezident owtsidr


Quote:

Originally posted by 6IXSTRINGJACK:
Besides... you guys had 8 years to do something about the Electoral College when your Savior was in office. The problem is that you never hear Democrats bitching about it when a Democrat wins.

I suspect that is because Democrats in power know that they truly don't want to get rid of it either.



True. Only the Demz get all the idiot points kuz they got burned twise in the last 5 electionz.

But not only that. The Democratic Party wuz actually formed az a rezult uv the 1st electoral collej victory over the popular vote! From Wiki:

"Soon after his inauguration as President, Adams appointed Henry Clay as his secretary of state. This result became a source of great bitterness for Jackson and his supporters, who proclaimed the election of Adams a "corrupt bargain," and were inspired to create the Democratic Party."
https://en.wikipedia.org/wiki/United_States_presidential_elections_in_
which_the_winner_lost_the_popular_vote


The next loss wuz wen the Demz were the bad guyz after the sivil war.

So all 4 timez it worked for the GoPs.



----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, May 2, 2018 3:22 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JO753:
Quote:

Originally posted by 6IXSTRINGJACK:
Besides... you guys had 8 years to do something about the Electoral College when your Savior was in office. The problem is that you never hear Democrats bitching about it when a Democrat wins.

I suspect that is because Democrats in power know that they truly don't want to get rid of it either.



True. Only the Demz get all the idiot points kuz they got burned twise in the last 5 electionz.

But not only that. The Democratic Party wuz actually formed az a rezult uv the 1st electoral collej victory over the popular vote! From Wiki:

"Soon after his inauguration as President, Adams appointed Henry Clay as his secretary of state. This result became a source of great bitterness for Jackson and his supporters, who proclaimed the election of Adams a "corrupt bargain," and were inspired to create the Democratic Party."
https://en.wikipedia.org/wiki/United_States_presidential_elections_in_
which_the_winner_lost_the_popular_vote


The next loss wuz wen the Demz were the bad guyz after the sivil war.

So all 4 timez it worked for the GoPs.




So what do you think the reason for this is J0?

It's happened twice now since I've been old enough to vote. There's plenty of bitching about how unfair it is when it happens, but when it doesn't happen and there's a Dem in the President's seat, nobody even talks about it anymore. The first two years under Obama he had the house and senate backing him.

Do Right, Be Right. :)

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Wednesday, May 2, 2018 4:39 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JO753:
Quote:

Originally posted by 6IXSTRINGJACK:
Besides... you guys had 8 years to do something about the Electoral College when your Savior was in office. The problem is that you never hear Democrats bitching about it when a Democrat wins.

I suspect that is because Democrats in power know that they truly don't want to get rid of it either.

True. Only the Demz get all the idiot points kuz they got burned twise in the last 5 electionz.

But not only that. The Democratic Party wuz actually formed az a rezult uv the 1st electoral collej victory over the popular vote! From Wiki:

"Soon after his inauguration as President, Adams appointed Henry Clay as his secretary of state. This result became a source of great bitterness for Jackson and his supporters, who proclaimed the election of Adams a "corrupt bargain," and were inspired to create the Democratic Party."
https://en.wikipedia.org/wiki/United_States_presidential_elections_in_
which_the_winner_lost_the_popular_vote


The next loss wuz wen the Demz were the bad guyz after the sivil war.

So all 4 timez it worked for the GoPs.

So what do you think the reason for this is J0?

It's happened twice now since I've been old enough to vote. There's plenty of bitching about how unfair it is when it happens, but when it doesn't happen and there's a Dem in the President's seat, nobody even talks about it anymore. The first two years under Obama he had the house and senate backing him.

Do Right, Be Right. :)

Not true, either of you.
Because we are a Republic, if we didn't use Electoral College we would just go by which party won the majority of States. Only one time in Election history has GOP failed to win the majority of States. 2012. So the Democraps have always benefitted from the Electoral System, since 1860.

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Wednesday, May 2, 2018 5:58 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JO753:
Quote:

Originally posted by 6IXSTRINGJACK:
Besides... you guys had 8 years to do something about the Electoral College when your Savior was in office. The problem is that you never hear Democrats bitching about it when a Democrat wins.

I suspect that is because Democrats in power know that they truly don't want to get rid of it either.

True. Only the Demz get all the idiot points kuz they got burned twise in the last 5 electionz.

But not only that. The Democratic Party wuz actually formed az a rezult uv the 1st electoral collej victory over the popular vote! From Wiki:

"Soon after his inauguration as President, Adams appointed Henry Clay as his secretary of state. This result became a source of great bitterness for Jackson and his supporters, who proclaimed the election of Adams a "corrupt bargain," and were inspired to create the Democratic Party."
https://en.wikipedia.org/wiki/United_States_presidential_elections_in_
which_the_winner_lost_the_popular_vote


The next loss wuz wen the Demz were the bad guyz after the sivil war.

So all 4 timez it worked for the GoPs.

So what do you think the reason for this is J0?

It's happened twice now since I've been old enough to vote. There's plenty of bitching about how unfair it is when it happens, but when it doesn't happen and there's a Dem in the President's seat, nobody even talks about it anymore. The first two years under Obama he had the house and senate backing him.

Do Right, Be Right. :)

Not true, either of you.
Because we are a Republic, if we didn't use Electoral College we would just go by which party won the majority of States. Only one time in Election history has GOP failed to win the majority of States. 2012. So the Democraps have always benefitted from the Electoral System, since 1860.



We're going to need a citation showing that we'd just go by a majority of states.

J0 and I are obviously going under the assumption that if there were no Electoral College than it would be a popular vote. This is the first time that I've ever heard it the way you're describing it.

I'm assuming you learned this wherever you learned your 1% figure that you've still failed to provide any citations for?

Do Right, Be Right. :)

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Wednesday, May 2, 2018 8:25 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

Originally posted by JEWELSTAITEFAN:
2 months later....
Are we in a financial disaster?
Dow is at about 9% off the Record All-Time High.
GDP is growing faster that projected.
Unemployment figures are at all-time historic lows.
Unemployment among minorities is at all-time historic lows.
Home Ownrership among minorities is at all-time historic highs.

OH NOES!!!



The last time I saw a die-hard GOPer chortling and gleefully rubbing their hands over how the economy was
Quote:

ON FIRE!!!
(I can bring up the discussion if you like, and BTW I vehemently disagreed with them then too) was in 2008.

Right before the financial collapse.

JSF, the figure that you quote are so phonied up as to be meaningless. There are other figures, such as the "participation rate" and the "velocity of money" which tell a story that is not only NOT AS ROSY as the ones that you paint, they actually portray a dire situation.

The reality is that while some official figures look good, the wealth gap and debt burden are at an all-time high. That's not Trump's fault; it was all set in motion by The Fed, and while I support Trump's goal "Make American Great Again" he hasn't had the power - or the time- to turn the Titanic around. Your celebration is very very premature.

Quote:

J0 and I are obviously going under the assumption that if there were no Electoral College than it would be a popular vote.
Well, yes, this is a wrong assumption. The only way to get the original colonies to stick together when they were going in all different directions economically and politically was by assuring them that nothing would happen unless there was a near-universal consensus, strictly limiting the power of the Federal government, and by putting the power of the vote onto the hands of the states both in the Senate AND during the election of nationwide office. The Electoral College isn't a state-by-ate vote, it's something of a bastardization of the process, because the delegates aren't "bound" to their candidate.



-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

America is an oligarchy
http://www.fireflyfans.net/mthread.aspx?tid=57876

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Wednesday, May 2, 2018 2:22 PM

JEWELSTAITEFAN


Quote:

Originally posted by SIGNYM:
Quote:

Originally posted by JEWELSTAITEFAN:
2 months later....
Are we in a financial disaster?
Dow is at about 9% off the Record All-Time High.
GDP is growing faster that projected.
Unemployment figures are at all-time historic lows.
Unemployment among minorities is at all-time historic lows.
Home Ownrership among minorities is at all-time historic highs.

OH NOES!!!


The last time I saw a die-hard GOPer chortling and gleefully rubbing their hands over how the economy was
Quote:

ON FIRE!!!
(I can bring up the discussion if you like, and BTW I vehemently disagreed with them then too) was in 2008.

Right before the financial collapse.

JSF, the figure that you quote are so phonied up as to be meaningless. There are other figures, such as the "participation rate" and the "velocity of money" which tell a story that is not only NOT AS ROSY as the ones that you paint, they actually portray a dire situation.

The reality is that while some official figures look good, the wealth gap and debt burden are at an all-time high. That's not Trump's fault; it was all set in motion by The Fed, and while I support Trump's goal "Make American Great Again" he hasn't had the power - or the time- to turn the Titanic around. Your celebration is very very premature.

So when do you predict his prediction will bear fruit? It's been a year. What year do you predict?
Quote:


Quote:

J0 and I are obviously going under the assumption that if there were no Electoral College than it would be a popular vote.
Well, yes, this is a wrong assumption. The only way to get the original colonies to stick together when they were going in all different directions economically and politically was by assuring them that nothing would happen unless there was a near-universal consensus, strictly limiting the power of the Federal government, and by putting the power of the vote onto the hands of the states both in the Senate AND during the election of nationwide office. The Electoral College isn't a state-by-ate vote, it's something of a bastardization of the process, because the delegates aren't "bound" to their candidate.

butbutbutbut JO and 6ix have been so thoroughly brainwashed and re-educated by the MSM onslaught of Libtard views, we should not expect them to think for themselves! The whole purpose of this mindnumbing MSM broadwaving is to prevent an original thought from ever populating their cerebral mass, and they are being good lemmings. Ignoring anything they may have ever learned about Founding history of America also helps avoid conflicting logic.

We can't really expect these Snowflakes to understand sensible facts like yours. Or to comprehend the meaning of Republic, or United STATES, or Confederation of STATES. They think we are the Undocumented Slaves of the Alliance.

6ix might be confusing the United STATES of America with ancient Greeks, who didn't even know this continent existed.

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Wednesday, May 2, 2018 2:34 PM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

So when do you predict his prediction will bear fruit? It's been a year. What year do you predict?- JSF


This year or next. I know that's kind of broad-brush, but all of the ingredients for disaster are in place, it's just impossible to predict what the trigger will be or when it will occur.


Quote:

butbutbutbut JO and 6ix have been so thoroughly brainwashed and re-educated by the MSM onslaught of Libtard views, we should not expect them to think for themselves! The whole purpose of this mindnumbing MSM broadwaving is to prevent an original thought from ever populating their cerebral mass, and they are being good lemmings. Ignoring anything they may have ever learned about Founding history of America also helps avoid conflicting logic.We can't really expect these Snowflakes to understand sensible facts like yours
I would hardly call SIX a "snowflake".

-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

America is an oligarchy
http://www.fireflyfans.net/mthread.aspx?tid=57876

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Wednesday, May 2, 2018 2:44 PM

JEWELSTAITEFAN


Quote:

Originally posted by SIGNYM:
Quote:

So when do you predict his prediction will bear fruit? It's been a year. What year do you predict?- JSF
This year or next. I know that's kind of broad-brush, but all of the ingredients for disaster are in place, it's just impossible to predict what the trigger will be or when it will occur.

BTW, I've been constructing a post regarding Participation Rate in the Unemployment Rate Facts thread. In the next week it should be completed, to help illustrate your point (and a point 6ix brought up).
Quote:


Quote:

butbutbutbut JO and 6ix have been so thoroughly brainwashed and re-educated by the MSM onslaught of Libtard views, we should not expect them to think for themselves! The whole purpose of this mindnumbing MSM broadwaving is to prevent an original thought from ever populating their cerebral mass, and they are being good lemmings. Ignoring anything they may have ever learned about Founding history of America also helps avoid conflicting logic.We can't really expect these Snowflakes to understand sensible facts like yours
I would hardly call SIX a "snowflake".

Snowflake is as snowflake does - CEO of Bubba Gump.
Walks like a snowflake, quacks like a snowflake, acts like a snowflake, thinks like a snowflake...

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Wednesday, May 2, 2018 4:51 PM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by SIGNYM:
I would hardly call SIX a "snowflake".
/b]



JSF thinks that anyone who doesn't breathe the same Conservitard air as he does with his head so far up Rush Limbaugh's ass is a snowflake.

He doesn't even know what the term snowflake means, since our arguments are only ever about financial things and the term snowflake doesn't even apply to fiscal arguments.

Do Right, Be Right. :)

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Thursday, May 3, 2018 3:03 AM

SIGNYM

I believe in solving problems, not sharing them.


Quote:

He doesn't even know what the term snowflake means
Well clearly his definition is different than mine!

-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

America is an oligarchy
http://www.fireflyfans.net/mthread.aspx?tid=57876

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Thursday, May 3, 2018 11:04 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by SIGNYM:
Quote:

He doesn't even know what the term snowflake means
Well clearly his definition is different than mine!



I looked it up on Urban Dictionary. I'm assuming your definition is more in line with these.


"Snowflake Millennial"

Quote:

Really soft millennials who take offense to everything you say even if it doesn't apply to them. They feel the world owes them something because they always been handed everything, including participation trophies their whole lives.



"Snowflake"

Quote:

A term used to describe extremist liberals that get offended by every statement and/or belief that doesn't exactly match their own. These individuals think they are just as "unique" as snowflakes, when really their feelings are just as fragile.

"Congratulations! Its a boy!"
"Did you just assume that babies gender?"
"Someone get the snowflake out of here, please".




lol... yup. Not a snowflake.

Do Right, Be Right. :)

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Thursday, May 3, 2018 3:14 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by SIGNYM:
Quote:

Originally posted by JEWELSTAITEFAN:
2 months later....
Are we in a financial disaster?
Dow is at about 9% off the Record All-Time High.
GDP is growing faster that projected.
Unemployment figures are at all-time historic lows.
Unemployment among minorities is at all-time historic lows.
Home Ownrership among minorities is at all-time historic highs.

OH NOES!!!


The last time I saw a die-hard GOPer chortling and gleefully rubbing their hands over how the economy was
Quote:

ON FIRE!!!
(I can bring up the discussion if you like, and BTW I vehemently disagreed with them then too) was in 2008.

Right before the financial collapse.

JSF, the figure that you quote are so phonied up as to be meaningless. There are other figures, such as the "participation rate" and the "velocity of money" which tell a story that is not only NOT AS ROSY as the ones that you paint, they actually portray a dire situation.

The reality is that while some official figures look good, the wealth gap and debt burden are at an all-time high. That's not Trump's fault; it was all set in motion by The Fed, and while I support Trump's goal "Make American Great Again" he hasn't had the power - or the time- to turn the Titanic around. Your celebration is very very premature.

So when do you predict his prediction will bear fruit? It's been a year. What year do you predict?
Quote:


Quote:

J0 and I are obviously going under the assumption that if there were no Electoral College than it would be a popular vote.
Well, yes, this is a wrong assumption. The only way to get the original colonies to stick together when they were going in all different directions economically and politically was by assuring them that nothing would happen unless there was a near-universal consensus, strictly limiting the power of the Federal government, and by putting the power of the vote onto the hands of the states both in the Senate AND during the election of nationwide office. The Electoral College isn't a state-by-ate vote, it's something of a bastardization of the process, because the delegates aren't "bound" to their candidate.

butbutbutbut JO and 6ix have been so thoroughly brainwashed and re-educated by the MSM onslaught of Libtard views, we should not expect them to think for themselves! The whole purpose of this mindnumbing MSM broadwaving is to prevent an original thought from ever populating their cerebral mass, and they are being good lemmings. Ignoring anything they may have ever learned about Founding history of America also helps avoid conflicting logic.

We can't really expect these Snowflakes to understand sensible facts like yours. Or to comprehend the meaning of Republic, or United STATES, or Confederation of STATES. They think we are the Undocumented Slaves of the AllGreeks

6ix might be confusing the United STATES of America with ancient Greeks, who didn't even know this continent existed.

I forgot to post mention of this:
Ancient Sparta had elements of Democracy, electing members of Council and Senate. It had a population of 8,000 adult males ruling over a population of 100,000 slaves and semi-slaves.

Ancient Athens, "the birthplace of Democracy" where all male Citizens could participate in open Assembly, creating Law and Policy. It had a population of about 140,000. 40,000 were male Citizens, and another 40,000 were slaves.


Compared to the Republic of The United States, where each individual US House member is Representative for, on average, over 800,000 Citizens.
Each Senator represents a State, ranging in population from 586,000 to about 40 million presumed Citizens.
The President represents over 330 million population.

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Sunday, May 6, 2018 8:00 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by SIGNYM:
Quote:

So when do you predict his prediction will bear fruit? It's been a year. What year do you predict?- JSF
This year or next. I know that's kind of broad-brush, but all of the ingredients for disaster are in place, it's just impossible to predict what the trigger will be or when it will occur.

BTW, I've been constructing a post regarding Participation Rate in the Unemployment Rate Facts thread. In the next week it should be completed, to help illustrate your point (and a point 6ix brought up).

I have them up now, if you are interested in the landscape.

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