News Focus
News Focus
icon url

maybe_this_time

07/27/11 7:11 AM

#112364 RE: *~1Best~* #112363

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.