Article

2013-06-27 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2013-06-27 00:00|| || Front Page|| [2 views ] Top

#1 See also BREAKING DEFENSE > BILLIONAIRE TELLS AMERICANS TO PREPARE FOR "FINANCIAL RUIN" | [Money News] BILLIONAIRES DUMPING STOCKS, ECONOMIST KNOWS WHY.

and

* FREEREPUBLIC > [Zero Hedge] THE LARGEST SINGLE DRIVER OF THE AMERICAN ECONOMY IS ABOUT TO COLLAPSE.

* WORLD MILITARY FORUM > INTERNATIONAL FORUM: MICKEY EDWARD: US POLITICAL PARALYSIS ARE INSTITUTIONAL ISSUES, i.e. "systemic".

Posted by JosephMendiola 2013-06-27 01:41|| 2013-06-27 01:41|| Front Page Top

#2 And even this number is, probably, a result of selective statistics.

Posted by g(r)omgoru 2013-06-27 03:58|| 2013-06-27 03:58|| Front Page Top

#3 Yup, way too high.
We're in a recession, like it or not.

Posted by Redneck Jim 2013-06-27 05:23|| 2013-06-27 05:23|| Front Page Top

#4 Unexpectedly?

Posted by Procopius2k 2013-06-27 08:28|| 2013-06-27 08:28|| Front Page Top

#5 So we can afford to raise the price of electricity by taxing the living tar out of coal?

Posted by Bobby 2013-06-27 11:59|| 2013-06-27 11:59|| Front Page Top

#6 Build a Solar System, I'm doing it and yes it's expensive, (But doesn't have to be done all at once)

Posted by Redneck Jim 2013-06-27 14:34|| 2013-06-27 14:34|| Front Page Top

#7 Way under rate of inflation -- so, negative growth.

Posted by Iblis 2013-06-27 15:08|| 2013-06-27 15:08|| Front Page Top

#8 The way they have cooked the books on some many figures, like unemployment/underemployment and the rate of illegal immigration, I assume they cooked this figure too, This time, it benefoits them to scare the Fed into more cheap borrowing for the Administration so the true disaster is pushed down the road again. A huge swath of the population has no savings a another huge chuck has less that six months living expenses banked or liquid. If the govt checks stopped or were cut back becasue of the cost of borrowing, the free fall would be catastrophic. Trouble is, they have taken it so far its a Hobesian Bargain, terrible now, worse later, but if you can just get past 2014......

Posted by NoMoreBS 2013-06-27 16:53|| 2013-06-27 16:53|| Front Page Top

#9 Build a solar system? Hell we can't even afford the upkeep on the planet we have, much less building a whole new solar system.

Posted by OldSpook 2013-06-27 17:18|| 2013-06-27 17:18|| Front Page Top

#10 Don't worry OS, we'll flip it before it needs paint.

Posted by Shipman 2013-06-27 18:29|| 2013-06-27 18:29|| Front Page Top

23:15 CrazyFool
22:55 Bob Snore6814
22:52 Bob Snore6814
22:49 trailing wife
22:48 Bob Snore6814
22:47 trailing wife
22:44 trailing wife
22:41 USN, Ret.
22:39 Boss Brown2301
22:36 trailing wife
22:33 Zebulon Gliling3236
22:32 trailing wife
22:30 Flan Cluque1334
22:25 Woozle Fleating9489
21:59 Silentbrick - Schlumberger Squishy Mud Division
20:59 Unailing the Rasher of Bacon8085
20:52 Barbara
20:45 Barbara
20:14 Alaska Paul
19:17 Bright Pebbles
18:41 Frank G
18:29 Shipman
18:24 Shipman
18:23 Shipman