https://www.youtube.com/watch?v=eznUEoYyLzk
18 WoooH, Nelly! NOT SO FAST! The job numbers indicate ALL IS WELL: really? (Ha! Ha!) WHO keeps SAYING THAT! The U.S. Gov't. WHO provides the job numbers? The U.S. Gov't. True or NOT true? NOT TRUE! Job numbers are a function of ECONOMIC GROWTH. The ECONOMIC GROWTH is NOT there. (Ha! Ha!) WHY? The economy is CONTRACTING. Prices in general will continue to falling. This means INFLATION WILL BE HISTORY. The price of oil has been falling, lately, forcing oil producers to cut back on production in order to keep the price HIGH! This strategy met only with relative success. THE persistent NEGATIVE TREND IN THE EQUITY MARKETS mean the values of share will keep going down hurting the ability of pension funds to make pension payments to their clients. IT also MEANS banks will be INVESTING AT A LOSS! Consequently, people's NET WORTH will DRAMATICALLY SHRINK. You're looking at 90% SHRINKGAGE FOR AMERICANS. This guy believes in THE STATUS QUO using THE "TRADITIONAL" MANTRA used by traders in the equity markets: "EVERYTHING will return to normal. Don't panic. Be patient. Give it some time, and you'll see, all will be well - AGAIN! GOOD TIMES are just around the corner." Right?!!! (Ha! Ha!) I doN'T think so. THAT WAS THE ADVICE given to Nortel stockholders: they LOSS EVERYTHING. THE DETERMINING FACTOR IS MARKET TREND: if it is POSITIVE, the economy is creating jobs; if NEGATIVE, the economy is losing jobs. People in the retail sector are "already" WORKING REDUCED HOURS. Ken, Toronto, CANADA