View Single Post
Old 07-22-2018, 01:30 PM  
thommy
Confirmed User
 
thommy's Avatar
 
Industry Role:
Join Date: Jun 2003
Location: Switzerland / Germany / Thailand
Posts: 5,469
Quote:
Originally Posted by Rochard View Post
Unemployment just went up from 3.8% to 4%. Let's hope this is not the beginning of something bad.
i would not pay attention to the numbers you can see right now.
economy is a complicated process.

example: when trumphole announced the upcoming tariffs it does not lead IMMEDIATELY to a negative effect in the market. the opposite can even happen at short notice because companies and private customers stock up and therefore consume even more.

the real effect can be seen on longer terms of 6 month or a year because than companies publish their results.

what happens afterwards are self-fulfilling prophecies in a cycle that cannot be stopped.

we have seen this live in the world several times and there is no exception to these predictable processes.

only a fool doesn't know that and when a fools are voting for their president, you can bet on him to be the top fool.
__________________
Open for handpicked publishers and advertisers:
www.trafficfabrik.com
thommy is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote