lowrentyieldmakessense(honest!) Posted October 2, 2009 Share Posted October 2, 2009 "Expectation": http://online.wsj.com/article/BT-CO-20091002-704386.html Reality: http://www.cnbc.com/ How many more times does this have to be unexpected...We're NOT OK! it was unexpected as the birth death model usually is manipulated to mask the truth oh and dont count those discouraged workers who have been unemployed for more than 6 months Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted October 2, 2009 Share Posted October 2, 2009 http://economix.blogs.nytimes.com/2009/10/02/comparing-this-recession-to-previous-ones-job-losses-3/ It would appear that no other recession has had a jobless recovery like this one. any figures for the 30's for that graph Quote Link to comment Share on other sites More sharing options...
godless Posted October 2, 2009 Share Posted October 2, 2009 any figures for the 30's for that graph Any use? Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted October 2, 2009 Share Posted October 2, 2009 Any use? cheers do you subscribe to shadowstats Quote Link to comment Share on other sites More sharing options...
1929crash Posted October 2, 2009 Share Posted October 2, 2009 Neither does Mish Huge Downward Jobs Revisions Coming Yes, good article. fits nicely with his one yesterday on how optimistic economists are and have been. http://globaleconomicanalysis.blogspot.com/2009/10/collectively-economists-are-perpetually.html Quote Link to comment Share on other sites More sharing options...
godless Posted October 2, 2009 Share Posted October 2, 2009 cheers do you subscribe to shadowstats Nope, just found those on a random search. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted October 3, 2009 Share Posted October 3, 2009 Yes, good article. fits nicely with his one yesterday on how optimistic economists are and have been. http://globaleconomicanalysis.blogspot.com/2009/10/collectively-economists-are-perpetually.html They are optimistic because many believe you can be talked into a recession, so they become over optimistic to compensate so we can avoid being too negative. Quote Link to comment Share on other sites More sharing options...
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