Economists are clueless, but average people KNOW (a) how hard it is to find work, and (b) what is really going on.
If you're in the construction trades, or only have a year or two of college....you're out of luck. You may have to "retire" before you ever get back to work.
Household incomes have gone nowhere in the last decade.
Stocks, too, have had a "lost" decade.
Stimuless, didn't do squat for job creation or anything else (save make the payments on a 20-something Wall Street hot-shot's Ferrari and maybe Jamie Dimon's humble hacienda; Vikram Pandit just didn't pay for a few months).
Ben 'the Beard' says "be careful" ...the 'recovery' is not such a sure thing. Timmy ain't talking.
So. How do you enjoy a depression?
- Make sure that you are not in its way.
Monday, 1 March 2010
How to enjoy..........from Rico
From
Theo Spark
at
20:01
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