This is just unbelievable.
What kind of recovery are people talking about?
From ZH -
In order to regain the millions of jobs lost since the start of the Depression in December 2007, and return to the same unemployment rate when factoring in the natural growth rate of the labor force of 90,000 per month (not our estimate: CBO's), the economy will need to create 245,500 jobs each and every month by the end of Obama's tentative second term in November 2016.
Unless we solve the situation as seen in the above chart - there is no way out.
Fed can print or run the Ponzi scheme - we are getting close to the tipping point.
It will be form the frying pan into the fire.
What kind of recovery are people talking about?
From ZH -
In order to regain the millions of jobs lost since the start of the Depression in December 2007, and return to the same unemployment rate when factoring in the natural growth rate of the labor force of 90,000 per month (not our estimate: CBO's), the economy will need to create 245,500 jobs each and every month by the end of Obama's tentative second term in November 2016.
Unless we solve the situation as seen in the above chart - there is no way out.
Fed can print or run the Ponzi scheme - we are getting close to the tipping point.
It will be form the frying pan into the fire.
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