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Old 01-11-2018, 04:29 AM  
thommy
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Join Date: Jun 2003
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Quote:
Originally Posted by OneHungLo View Post
OK fine. Now I guess you'll have to come over and thank Trump for lowering black unemployment
if you guys would even be able to read and understand economic data you would know that
the labor force participating rate is on the way down - the offered jobs on the labor market decreased

now assume the situation with LESS taxpayers, SAME unemployment rate and, LOWER taxes - are you able to assume that ?

and now let the chinese stop or even decrease their buys of american bonds you will end up with HIGHER interest because the money america need have to be be paid with higher interest.

higher interst rates in a situation with a too low inflation rate (what is caused by lower importprices and not higher ones as trump promised) are the strongest indicators of a recession. domestic consumption will also not help because the level of consumer credit is already at a point where domestic consumption can no longer be increased by further lending.

so if you would really UNDERSTAND economy you would not celebrate the situation but cry about it.

but donīt worry - my words will not come true within a few months - but they will come true in not such a long time - remember it than.
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