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    US economic recession:

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    AlfaT8
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    Re: US economic recession:

    Post  AlfaT8 on Sat Oct 17, 2015 3:44 pm

    BTRfan wrote:
    Werewolf wrote:
    BTRfan wrote:
    max steel wrote:Rampant gun violence in US and wikipedia doesn't take police brutality into the account .


    Less than 40 people each year are killed in "mass shootings" in the USA.

    Most gun deaths are hardcore criminals shooting each other, nobody cares about that.

    The police shot more in the 1 month than german police in 10+ years or other polices.

    http://www.theguardian.com/us-news/2015/jun/09/the-counted-police-killings-us-vs-other-countries



    http://www.npr.org/sections/parallels/2013/09/19/224043848/the-u-s-has-more-guns-but-russia-has-more-murders


    According to Gunpolicy.org, Russians have far fewer guns than Americans — and far more homicides.

    There are fewer than 13 million firearms in circulation in Russia, compared with an estimated 300 million in the United States. That works out to about 9 guns per 100 people in Russia and closed to 100 guns per 100 people in America.

    The most recent homicide statistics for Russia show that there were 21,603 killings in 2009.

    According to the FBI, the United States had 13,636 homicides in 2009 with a population that is more than twice as large. More than 80 percent of those killings were gun-related.

    The hell??

    These numbers need to be checked and we need to get more up-to-date numbers to compare.

    Werewolf
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    Re: US economic recession:

    Post  Werewolf on Sat Oct 17, 2015 4:23 pm

    BTRfan wrote:
    Werewolf wrote:
    BTRfan wrote:
    max steel wrote:Rampant gun violence in US and wikipedia doesn't take police brutality into the account .


    Less than 40 people each year are killed in "mass shootings" in the USA.

    Most gun deaths are hardcore criminals shooting each other, nobody cares about that.

    The police shot more in the 1 month than german police in 10+ years or other polices.

    http://www.theguardian.com/us-news/2015/jun/09/the-counted-police-killings-us-vs-other-countries



    http://www.npr.org/sections/parallels/2013/09/19/224043848/the-u-s-has-more-guns-but-russia-has-more-murders


    According to Gunpolicy.org, Russians have far fewer guns than Americans — and far more homicides.

    There are fewer than 13 million firearms in circulation in Russia, compared with an estimated 300 million in the United States. That works out to about 9 guns per 100 people in Russia and closed to 100 guns per 100 people in America.

    The most recent homicide statistics for Russia show that there were 21,603 killings in 2009.

    According to the FBI, the United States had 13,636 homicides in 2009 with a population that is more than twice as large. More than 80 percent of those killings were gun-related.

    US statistics do not count in murder by police with non lethal weapons such as tazer, pepperspray or suffocation by cop brutality of sitting 6 people on one guy like we can see in hundreds of videos.

    Also statistics suck ass, it does not matter how many guns there are when you have more video footage proof of unarmed people, very often blacks, getting killed while by statistics they should be armed. Such things do not happen in russia, they are in fact almost non existent and when something like that happens it is a big outcry, in US it is hourly buisness.

    max steel
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    Re: US economic recession:

    Post  max steel on Sat Oct 17, 2015 5:05 pm

    Less homicide than Russia will not going to prop up US Economy : FYI Wink

    BTRfan
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    Re: US economic recession:

    Post  BTRfan on Sat Oct 17, 2015 9:41 pm

    Werewolf wrote:
    BTRfan wrote:
    Werewolf wrote:
    BTRfan wrote:
    max steel wrote:Rampant gun violence in US and wikipedia doesn't take police brutality into the account .


    Less than 40 people each year are killed in "mass shootings" in the USA.

    Most gun deaths are hardcore criminals shooting each other, nobody cares about that.

    The police shot more in the 1 month than german police in 10+ years or other polices.

    http://www.theguardian.com/us-news/2015/jun/09/the-counted-police-killings-us-vs-other-countries



    http://www.npr.org/sections/parallels/2013/09/19/224043848/the-u-s-has-more-guns-but-russia-has-more-murders


    According to Gunpolicy.org, Russians have far fewer guns than Americans — and far more homicides.

    There are fewer than 13 million firearms in circulation in Russia, compared with an estimated 300 million in the United States. That works out to about 9 guns per 100 people in Russia and closed to 100 guns per 100 people in America.

    The most recent homicide statistics for Russia show that there were 21,603 killings in 2009.

    According to the FBI, the United States had 13,636 homicides in 2009 with a population that is more than twice as large. More than 80 percent of those killings were gun-related.

    US statistics do not count in murder by police with non lethal weapons such as tazer, pepperspray or suffocation by cop brutality of sitting 6 people on one guy like we can see in hundreds of videos.

    Also statistics suck ass, it does not matter how many guns there are when you have more video footage proof of unarmed people, very often blacks, getting killed while by statistics they should be armed. Such things do not happen in russia, they are in fact almost non existent and when something like that happens it is a big outcry, in US it is hourly buisness.


    American police kill about 1200 people per year, some killings are justified, some are questionable, some are clearly unjustified.

    In some nations [i.e. Brazil] the police kill almost 7,000 people per year.

    jhelb
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    Re: US economic recession:

    Post  jhelb on Sat Oct 17, 2015 10:08 pm

    BTRfan wrote:American police kill about 1200 people per year, some killings are justified, some are questionable, some are clearly unjustified.

    In some nations [i.e. Brazil] the police kill almost 7,000 people per year.

    Hurry, drop a line to Anne Coulter.

    max steel
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    Re: US economic recession:

    Post  max steel on Tue Oct 27, 2015 12:27 am

    ‘Enhanced interrogation’ could become a new U.S. export under revised regulations

    max steel
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    Re: US economic recession:

    Post  max steel on Tue Nov 03, 2015 11:28 pm

    US overtakes Caymans and Singapore as haven for assets of super-rich

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    Re: US economic recession:

    Post  max steel on Sat Dec 26, 2015 12:25 am

    58 Facts About The U.S. Economy

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    Re: US economic recession:

    Post  max steel on Sat Jan 16, 2016 9:39 am

    U.S. Recession Odds Highest Since '13


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    Re: US economic recession:

    Post  Godric on Sat Jan 16, 2016 5:40 pm

    it is no coincidence that we are heading towards another global crash when you see oil at almost record low prices many economies reliant on oil sales have seen their budgets drastically fall and their currencies depreciate and some currencies are due a severe fall as their currency strength in reality is weak ie the US dollar, Sterling, Euro to name but 3 .... Russia is not the only country that relies on oil prices only 18 months ago the Uk was boasting of a £200- £300 ($300-$450 Billion) billion oil bonanza from North Sea oil over the next 5 to 10 years and then their is Norway with over 30% of their economy based on oil this years recession will probably be even worse than 2007/08

    Vann7
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    Re: US economic recession:

    Post  Vann7 on Sat Jan 23, 2016 8:55 am

    BTRfan wrote:
    Werewolf wrote:
    BTRfan wrote:
    max steel wrote:Rampant gun violence in US and wikipedia doesn't take police brutality into the account .


    Less than 40 people each year are killed in "mass shootings" in the USA.

    Most gun deaths are hardcore criminals shooting each other, nobody cares about that.

    The police shot more in the 1 month than german police in 10+ years or other polices.

    http://www.theguardian.com/us-news/2015/jun/09/the-counted-police-killings-us-vs-other-countries



    http://www.npr.org/sections/parallels/2013/09/19/224043848/the-u-s-has-more-guns-but-russia-has-more-murders


    According to Gunpolicy.org, Russians have far fewer guns than Americans — and far more homicides.

    There are fewer than 13 million firearms in circulation in Russia, compared with an estimated 300 million in the United States. That works out to about 9 guns per 100 people in Russia and closed to 100 guns per 100 people in America.

    The most recent homicide statistics for Russia show that there were 21,603 killings in 2009.

    According to the FBI, the United States had 13,636 homicides in 2009 with a population that is more than twice as large. More than 80 percent of those killings were gun-related.


    Buahahaha.. "According to the FBI.. Bin laden from a cave in afganistan masterminded
    the terror attacks in 9/11.. welcome to the king of ignorance.. yes thats you. US is the most destructive nation in the world ,you cannot compare Russia with America. in US police kills you without blinking an Eye no matter if your women or children . Is a totalitarian Fascist state. in Russia Police is not even remotely close to that.. US numbers about crimes are not different than their numbers of their state of their economy , unemployment and real debt. a total joke.
    and completely hidden the real numbers .

    When no longer you can trust in your own government for your own life ,ie.. 9/11 was an inside job , and they start to finance and arm terrorism ,or arrest and or kill americans without any
    justice system or law process..and not even can trust in your own police , is when you realize you need to move the hell away of that shit place. Or else it could be you the next poor victim of either a egomaniac police man ,or a false flag with your plane shot down by your own government. Just compare the numbers of people Jailed in USA vs Russia , numbers that are more harder to fake and you will see a real idea of what is going on there. US have more citizens in Jail ,that CHina who have near  4x times its population and less freedoms. 2 millions 200,000 americans in jails.. vs Russia 800,000. The real numbers of Americans deaths have to be 10x times more at least on the statdistics they report. In those numbers are neither included the mysterious missing in action people , kidnapped people , migrants . But what do i know? that have many friends living in New York and they are really scared there for their lives , and want to move from there. When is not police or FBI that could kill you in a happy trigger incident or falseflag. you could be killed by a Criminal .  In Russia a big part of the deaths comes from the American CIA operating in Caucasus in full swing who try to recruit terrorist to create troubles in Russia. and even Putin himself from his own mouth have said this. That US embassy is the major trouble maker with terrorism in Russia. is time to wake up , imbeciles. America is not remotely a nation or any example for the world other than how not to Run a country is a totalitarian fascist terrorist state ,and about half of the Americans hate it ,is comparable to North Korea in terms of human rights ,but freedom of expression ,thats the only thing left that remains there from a democracy..because elections are rigged. lol.  the other half like you living in zombie land. Thinking US is a democracy and that they are "Free". a place where even sharing food to homeless people can get you in jail . LOL is a joke nation ,and the only reason
    doesn't explode in civil wars is because people are brainwashed by its media .

    max steel
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    Re: US economic recession:

    Post  max steel on Wed Mar 30, 2016 10:08 pm

    Boeing job cuts this year could reach 10 percent

    Since Boeing Commercial Airplanes CEO Ray Conner announced a drive to cut the workforce six weeks ago, his team has taken steps expected to eliminate 4,000 jobs by June — and that may be only halfway towards the total cuts this year.

    An internal Boeing document obtained by the Seattle Times reveals that at least one company unit is targeting a 10 percent workforce reduction overall.

    And people with knowledge of what’s planned say that’s roughly the percentage of jobs expected to be cut statewide. That would translate to as many as 8,000 jobs being eliminated.

    Asked about the plans, Boeing said Tuesday the initial jobs eliminated include “hundreds of executives and managers” and that the 4,000 figure will be achieved through normal attrition and a voluntary buyout package for about 1,600 employees.

    The workforce reduction is part of a major cost-saving push that also involves squeezing supplier costs, increasing productivity, shrinking inventory and cutting travel, overtime, services and contractor expenses — an effort that Boeing said “involves taking out billions of dollars in cost by the end of 2016.”

    If enough savings cannot be found elsewhere and more job cuts are required, layoffs would come later in the year, Boeing said.

    Boeing Commercial Airplanes (BCA) vice president of communications Sean McCormack said Tuesday that “our targets are dollar-based.”“The more we reduce non-labor costs, the less impact there will be to jobs,” he said.

    One Boeing unit in the Puget Sound area — the Test & Evaluation division that conducts flight, ground and lab tests — recently outlined very precise job-cut targets in an internal guidance document telling managers what to expect.

    It begins: “We anticipate the need to reduce staffing levels about 10 percent before the end of the year.”

    BCA chief executive Ray Conner first announced that job cuts were coming last month in an internal webcast to all Commercial Airplanes employees, a precise account of which has not previously been made public.

    According to a Boeing transcript of that webcast, Conner said the company needed to drastically reduce costs — and thus airplane pricing — because of fierce sales competition from Airbus.

    “Their biggest weapon that they’re using in the competitions today is price,” Conner told employees. “They are attacking us with price in every single campaign. And as a result of that, you know, we’re being pushed to the wall.”

    Danger for Boeing


    Adam Pilarksi, senior vice president with Chantilly, Va.-based aviation consultancy Avitas, said saving billions of dollars through cutting supplier costs and increasing productivity can only be a long-term goal.

    “In a few years, yes, things can change. By the end of the year, are you kidding me?” he said. “The only way you quickly can reduce costs is by laying people off. There’s no magic about it.”

    But Pilarski said there is a danger for Boeing in cutting too many jobs, especially as it plans to match Airbus by revving up 737 production to 57 jets per month and 787 Dreamliner production to 14 jets per month.

    “I cannot see how you cut employment 10 percent and keep production levels increasing,” Pilarski said. “The two don’t go together. Something has to give.”

    Many older, highly experienced blue-collar workers will be leaving the company as part of the cuts.

    A person familiar with the figures said more than 1,000 Machinists applied for the buyout when it was offered this month, though Boeing may reject some of those because they have skills that cannot be let go.

    The severance package, designed to appeal to those already intending to retire soon, advances full pension eligibility and also offers a week of pay for every year of service up to a maximum of 26 weeks.

    Jon Holden, District 751 president of the International Association of Machinists (IAM) union, expressed surprise when informed of the potential scale of the job cuts.

    “We have not been notified of these types of reduction numbers,” Holden said.

    He said the coming cuts highlight a lack of accountablity for the $8.7 billion in aerospace tax breaks extended to Boeing in 2013 to make sure Boeing built the 777X here.

    “This should make it clear to the Legislature why it is important to tie guaranteed job numbers to tax incentives like the other states have done,” Holden said.

    Likewise, Ray Goforth, executive director of the Society of Professional Engineering Employees in Aerospace (SPEEA), is exasperated that “we’re the only state that’s not attaching accountability requirements” to corporate tax breaks.

    More than 9,000 Boeing jobs here have been eliminated since the fall of 2012, many of them through transfering engineering work to Boeing sites in other states.“Now we are losing thousands more jobs,” said Goforth.


    “That’s our reality, guys”



    In justifying the anticipated cuts to employees in last month’s internal webcast, Conner was unusually frank as he invoked a dire threat from Airbus.

    He said that Airbus winning 63 percent of single-aisle sales last year with its A320 jets going against Boeing’s 737 jets was “alarming … because the 737 is the biggest contributor to the earnings of the Boeing Company.”

    While the 737s had once been much better than the A320s, Airbus has narrowed the gap and the A321neo is now “a very competitive machine against the MAX 9,” Conner acknowledged

    He gave the example of Korean Air, previously an all-Boeing 737 operator, which last year split a new order for 60 jets between the 737 MAX 8 and the A321neo.

    Even in the market for bigger twin-aisle aircraft, Conner said, “We’ve ceded ground to Airbus.”

    He cited another sales campaign last year, when longtime all-Boeing customer EVA Air of Taiwan bought 18 of the largest 787-10 Dreamliners, despite intense pricing pressure from the competing Airbus A350-900.

    Boeing had to dig deep to close a large price gap, “not all the way but just enough so we were able to win,” Conner said.

    Combining single-aisle and twin-aisle sales, he said Boeing now has 46 percent of the total backlog. Airbus is “trying to drive us to 40 percent,” which he said would anoint the European jetmaker as the securely dominant player.

    “That’s our reality, guys. That’s what we’re dealing with,” Conner told employees. “And with the market kind of stabilizing here and not seeing the kind of growth or the opportunities for more campaigns, I think we’re going to be in an even tougher fight as we move into 2016 and beyond.”

    With that bracing rationale, Conner then laid out bad news of the coming job cuts.“These reductions apply everywhere, to every work group,” Conner said.

    He said he didn’t know how many jobs would be cut, “because a lot of it depends on how efficient we can get … and how much cost we can actually get out.”

    “We’re going to start at the executive level and at the management teams. And then we’re going to look at attrition and we’re going to look at voluntary layoffs,” Conner said.Moving beyond buyouts to involuntary layoffs is “the last thing we want to do,” he said.

    Some parts of BCA will be affected more than others by the cost-cutting.

    North Charleston, S.C., seems relatively safe. Last month, Boeing South Carolina vice president Beverly Wyse said she expects employment there to be stable for the next few years.

    “I don’t anticipate any layoffs,” she said.Elsewhere, offers of voluntary layoffs have already gone out to units around the company, including to the Southern California customer support group that Boeing moved from Washington state over the past three years.

    Boeing’s workforce in Washington state, including commercial airplanes, defense and corporate units, stood at just over 79,200 at the beginning of the year.

    At that time, total BCA employment companywide stood at 83,500.BCA’s projected tally of 4,000 jobs eliminated by June gets Boeing almost halfway to 10 percent.If it comes down to getting another 4,000 in the second half of the year, that will certainly be more painful.

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    Re: US economic recession:

    Post  GarryB on Thu Mar 31, 2016 1:26 pm

    I find the comments about economies interesting... especially the talk of when oil prices are at their lowest that oil producing countries suffer from lack of revenue... what is so often ignored is that when transport costs are reduced by lower energy prices economies like the US should be in full bloom and in flower right now... but they aren't.

    What happens to them if the price of oil goes back up?

    Ohh... yeah... reduce taxes and print money.


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    BTRfan
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    Re: US economic recession:

    Post  BTRfan on Sun Apr 10, 2016 6:43 pm

    Vann7 wrote:
    BTRfan wrote:
    Werewolf wrote:
    BTRfan wrote:
    max steel wrote:Rampant gun violence in US and wikipedia doesn't take police brutality into the account .


    Less than 40 people each year are killed in "mass shootings" in the USA.

    Most gun deaths are hardcore criminals shooting each other, nobody cares about that.

    The police shot more in the 1 month than german police in 10+ years or other polices.

    http://www.theguardian.com/us-news/2015/jun/09/the-counted-police-killings-us-vs-other-countries



    http://www.npr.org/sections/parallels/2013/09/19/224043848/the-u-s-has-more-guns-but-russia-has-more-murders


    According to Gunpolicy.org, Russians have far fewer guns than Americans — and far more homicides.

    There are fewer than 13 million firearms in circulation in Russia, compared with an estimated 300 million in the United States. That works out to about 9 guns per 100 people in Russia and closed to 100 guns per 100 people in America.

    The most recent homicide statistics for Russia show that there were 21,603 killings in 2009.

    According to the FBI, the United States had 13,636 homicides in 2009 with a population that is more than twice as large. More than 80 percent of those killings were gun-related.


    Buahahaha.. "According to the FBI.. Bin laden from a cave in afganistan masterminded
    the terror attacks in 9/11.. welcome to the king of ignorance.. yes thats you. US is the most destructive nation in the world ,you cannot compare Russia with America. in US police kills you without blinking an Eye no matter if your women or children . Is a totalitarian Fascist state. in Russia Police is not even remotely close to that.. US numbers about crimes are not different than their numbers of their state of their economy , unemployment and real debt. a total joke.
    and completely hidden the real numbers .

    When no longer you can trust in your own government for your own life ,ie.. 9/11 was an inside job , and they start to finance and arm terrorism ,or arrest and or kill americans without any
    justice system or law process..and not even can trust in your own police , is when you realize you need to move the hell away of that shit place. Or else it could be you the next poor victim of either a egomaniac police man ,or a false flag with your plane shot down by your own government. Just compare the numbers of people Jailed in USA vs Russia , numbers that are more harder to fake and you will see a real idea of what is going on there. US have more citizens in Jail ,that CHina who have near  4x times its population and less freedoms. 2 millions 200,000 americans in jails.. vs Russia 800,000. The real numbers of Americans deaths have to be 10x times more at least on the statdistics they report. In those numbers are neither included the mysterious missing in action people , kidnapped people , migrants . But what do i know? that have many friends living in New York and they are really scared there for their lives , and want to move from there. When is not police or FBI that could kill you in a happy trigger incident or falseflag. you could be killed by a Criminal .  In Russia a big part of the deaths comes from the American CIA operating in Caucasus in full swing who try to recruit terrorist to create troubles in Russia. and even Putin himself from his own mouth have said this. That US embassy is the major trouble maker with terrorism in Russia. is time to wake up , imbeciles. America is not remotely a nation or any example for the world other than how not to Run a country is a totalitarian fascist terrorist state ,and about half of the Americans hate it ,is comparable to North Korea in terms of human rights ,but freedom of expression ,thats the only thing left that remains there from a democracy..because elections are rigged. lol.  the other half like you living in zombie land. Thinking US is a democracy and that they are "Free". a place where even sharing food to homeless people can get you in jail . LOL  is a joke nation ,and the only reason
    doesn't explode in civil wars is because people are brainwashed by its media .




    Actually the FBI declined to post a "wanted poster" for Bin Laden in regards to 9/11 on the grounds, "we have no credible evidence that he was involved."

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    Economic war / Boycott against USA and its minions

    Post  Project Canada on Sat Jun 04, 2016 7:40 am


    Starting today I will see to it that every expense/transaction that I make with my money will NOT go/help/contribute to the American economy, although I know this will be difficult, since there will always be a product (or part of it) that has a connection with the US, so the best I could do is minimize profits American companies could make out of my money. As part of my efforts, as an example, I stopped buying clothes from American brands/retail stores and switched to buying Canadian ones. I am not a very stylish person or someone who tries to fit in with the current trend in fashion so I believe I can live with it and be just fine. Anyways, what other ideas would you people suggest to limit our contribution to America's economy (which hopefully will add some points to hasten its eventual collapse)?

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    Re: US economic recession:

    Post  Book. on Sun Jun 05, 2016 7:57 pm

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    ROSA cooperates with hardware manufacturers, systems integrators and hardware/software integrated solutions developers. Feel free to contact us.

    http://en.rosalinux.com/

    Ru linux OS study

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    102 Millions Americans Do Not Have Jobs

    Post  nemrod on Thu Jun 09, 2016 1:10 am

    I did not believe my eyes, 102 millions americans do not have jobs. It is crazy! In fact nowdays America is in the same situation as it was Russia in the beginning 90's. It will have  huge geostrategic impacts in the next future. At first, they must reduce the format of their big, and cumbersome army. And US's role in the next future can only decline regarding their catastrophic situation.

    http://theeconomiccollapseblog.com/archives/worst-jobs-report-in-nearly-6-years-102-million-working-age-americans-do-not-have-jobs

    Worst Jobs Report In Nearly 6 Years – 102 Million Working Age Americans Do Not Have Jobs
    By Michael Snyder, on June 3rd, 2016

    This is exactly what we have been expecting to happen.  On Friday, the Bureau of Labor Statistics announced that the U.S. economy only added 38,000 jobs in May.  This was way below the 158,000 jobs that analysts were projecting, and it is also way below what is needed just to keep up with population growth.  In addition, the number of jobs created in April was revised down by 37,000 and the number of jobs created in March was revised down by 22,000.  This was the worst jobs report in almost six years, and the consensus on Wall Street is that it was an unmitigated disaster.

    The funny thing is that the Obama administration says that the unemployment rate actually went down last month.  Almost every month since Obama has been in the White House, large numbers of Americans that have been unemployed for a very long time are shifted from the “unemployment” category to the “not in the labor force” category.  This has resulted in a steadily falling “unemployment rate” even though the percentage of the population that is actually working has not changed very much at all since the depths of the last recession.

    The Bureau of Labor Statistics claims that the number of Americans “not in the labor force” increased by 664,000 from April to May.  If you believe that, I have a giant bridge on the west coast that I would like to sell you.  The labor force participation rate is now down to 62.6, and it is hovering just above a 38 year low.

    When you add the number of working age Americans that are “officially unemployed” (7.4 million) to the number of working age Americans that are considered to be “not in the labor force” (an all-time record high of 94.7 million), you get a grand total of 102.1 million working age Americans that do not have a job right now.

    This is not a game.

    So far in 2016, three members of my own extended family have lost their jobs.

    According to Challenger, Gray & Christmas, layoffs at major firms are running 24 percent higher up to this point in 2016 than they were during the same time period in 2015.

    It was only a matter of time before those layoffs started showing up in the official employment numbers, and I fully expect that this trend will accelerate in the months ahead.

    And here are some other brand new numbers for you to consider…

    -Since Barack Obama entered the White House, 14,179,000 Americans have “left the labor force” according to the Bureau of Labor Statistics.

    -The quality of our jobs continues to deteriorate.  In May, 59,000 full-time jobs were lost, but 118,000 part-time jobs were gained.

    -Since September 2014, 207,000 mining jobs have been lost.

    -We just learned that U.S. factory orders have declined once again.  This marks the 18th month in a row that this has taken place, and we have never seen such an extended decline outside of a major recession.

    -JPMorgan’s “recession indicators” have just soared to the highest level that we have seen since the last recession.

    Needless to say, the financial community is pretty horrified by all of this news.  They were expecting a much better jobs report, and many of them are not hiding their disappointment.  Here is one example from the Wall Street Journal…

    “This was an unqualified dud of a jobs report,” said Curt Long, chief economist at the National Association of Federal Credit Unions, noting “the unemployment rate fell, but for the wrong reason as labor force participation declined for the second consecutive month.”

    And here is another example that comes from David Donabedian, the chief investment officer at Atlantic Trust Wealth Management…

    “We can’t find a positive nugget in today’s job report. If we were looking for signs of strength in this report, there is nothing to hang onto here.”

    But of course the mainstream media is doing their best to put a positive spin on these numbers.  For instance, CNN just published a laughable article entitled “America’s economy is stronger than weak jobs report“.

    And the White House insists that this new employment report really isn’t that big of a deal…

    The White House doesn’t get “too disappointed” over the number of unemployed and underemployed Americans.

    “I’ve been reacting to jobs numbers here at the White House for more than seven years, and what is true today has been true in the past, which is, we don’t get too excited when jobs numbers are better than expected and we don’t get too disappointed when jobs numbers one-month are lower than expected,” White House Press Secretary Josh Earnest told CNBC.

    But of course the truth is that it is a really big deal.  We just received major confirmation that the U.S. economy has slipped into recession mode.

    For months, I have been writing about how virtually every other indicator has been screaming that a new economic crisis had already begun.

    But the employment numbers had remained fairly decent up until now.  Employment is typically considered to be a “lagging indicator”, which means that it isn’t one of the first places we would expect to see signs of a recession show up.  However, it is inevitable that the official unemployment numbers will reflect an economic downturn eventually, and that is what we are starting to see now.

    What this means is that you probably have even less time to get prepared for what is ahead than you may have originally thought.

    The U.S. economy has already entered the early chapters of the next great economic crisis, and most of the population is going to be caught totally off guard and will suffer tremendously.

    If our leaders had made better decisions since the last crisis, things could have turned out differently.  But instead, they continued to conduct business as usual, and now we will reap what they have sown.

    Walther von Oldenburg
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    Re: US economic recession:

    Post  Walther von Oldenburg on Thu Jun 09, 2016 9:18 am


    The label "not in the labor force" includes all people aged 16 and above. Out of 90+ milion "unemployed" 40 milion are retired, additional 15 milion are students and the rest are people who simply stay at home to take care of their families.

    nemrod
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    Re: US economic recession:

    Post  nemrod on Thu Jun 09, 2016 11:55 am

    If I believe this graphic the situation seems to be normal, and America does have just quick and little troubles. But this situation is not normal, all lights in US situation are red, at the best cases some are orange.

    It is noteworthy to add that WSJ -he defends mordicus the interests of US oligarchy- is the newspaper of the system, hence as a mere piece of propaganda, he is trying as much as possible to minimize the impact of this current deep depression. What I've heard between 2007 to now, nearly 21 millions of jobs were proposed, just 2 millions offers a decent situation of employment.

    nemrod
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    Re: US economic recession:

    Post  nemrod on Thu Jun 23, 2016 1:36 pm

    Walther von Oldenburg wrote:
    The label "not in the labor force" includes all people aged 16 and above. Out of 90+ milion "unemployed" 40 milion are retired, additional 15 milion are students and the rest are people who simply stay at home to take care of their families.

    Here are clues that do check - lol! - the Walls Street Journal's claims. Wall Street Journal is simple piece of lies, and propaganda, it is the voice of the US oligarchy. This newspaper like many others like the economist, Financial times, etc... are all clearly anti popular orientations.
    Even IMF -a supposed western organisation- warns US of the dramatic situation.
    http://www.theatlantic.com/news/archive/2016/06/imf-us/488303/
    Here is an example of the reality prevailing in  the world of the supposed free speech and what it does really mean. A mere feudalism dictatorship. The reality of US depression is far more dark than it is claimed by US governement.
    http://www.zerohedge.com/news/2015-01-20/downgrading-us-will-cost-sp-15-billion

    Downgrading The US Will Cost S&P $1.5 Billion

    Remember when S&P forgot for a second that it lives in a world of pretend free speech, and where telling the truth would promptly result in a lawsuit by none other than the US government under false pretenses (and from which Buffett darling Moody's was excluded) after it downgraded the US from AAA to AA+ in the summer of 2011? A downgrade which as Bloomberg previously reported led to this exchange with then Treasury Secretary Tim Geithner: "S&P’s conduct would be looked at very carefully," Geithner told McGraw according to the filing. "Such behavior would not occur, he said, without a response from the government."

    Well, S&P will never make the same mistake again, because according to Reuters, it will cost it $1.5 billion to settle with the government and put the whole "downgrade" episode in the past.

       S&P SAID IN SETTLEMNT TALKS WITH WITH DOJ,STATES: RTRS
       S&P SAID IN SETTLEMNT TALKS FOR $1.5B: REUTERS
       SEC SAID TO BAN S&P FROM RATING PART OF CMBS MARKET FOR A YEAR
       S&P SETTLEMENT WITH SEC SAID TO INCLUDE $60 MILLION FINE
       S&P SETTLEMENT ON CMBS SAID TO BE ANNOUNCED AS SOON AS TOMORROW

    And let that be a lesson to anyone else who thinks the First Amendment is anything but window dressing.

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    Re: US economic recession:

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