Tag Archive for Depression

“Nobody in Europe” sees a “contradiction” between austerity and growth – William K. Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. By William K. Black The two most revealing sentences about the gratuitous Eurozone disaster – the creation of the deepening über-Depression – was reported today.  The context (rich in irony as I will explain) is that U.S. Treasury Secretary Lew…

Foolish Falsehope Fools Get Fooled Again – The Daily Stool – Stock Market Message Board – Stool Pigeons Wire Message Board

Investing 101 teaches to never chase short-covering rallies in a bear market, especially in an intentional Depression foisted upon the populace by its own federal government. Yet dreamers will dream, hopers will hope, and gamblers will gamble away the last vestiges of their Bush-era home equity Ditech stash, greedily buying hyped-up diluted crapcommon stocks, then…

Initial Jobless Claims- Just a Disturbance In the Force or Change of Trend?

Weekly initial jobless claims actually were down by approximately 16,000. That’s the actual not seasonally fudged number taking into account the fact that these are actual counts that are always revised up when complete data is in. I ignore the seasonally adjusted fictitious number, and have included an adjustment of +7,000 to the number reported in…