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Wednesday, July 27, 2011 7:11:59 AM
Speaking of printing press, I've heard that 20% of all disposable income comes come govt transfers, food stamps, unemployment, medicade, etc. By far and all time high.
I also heard 3 million Americans unempolyment benefits are going to run out this year (99 weeks are up.)
I also heard many americans are starting to run up credit cards on stables like gasoline and food.
I also heard 60% of corporate earnings are being derived from exports.
This all sounds like another soft patch for the US economy is coming with more economic stimulus required.
I also heard 3 million Americans unempolyment benefits are going to run out this year (99 weeks are up.)
I also heard many americans are starting to run up credit cards on stables like gasoline and food.
I also heard 60% of corporate earnings are being derived from exports.
This all sounds like another soft patch for the US economy is coming with more economic stimulus required.
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