Job numbers out and it isn't pretty (border, Obama, dollars)

[BentBow]

Jobless numbers are out and it isn't pretty.

The markets down 700 points and now this.
Q-E has cause prices to rise.... That has been eaten.

Now tax the rich to pay for 10 days of debt interest, at the sacrifice of over a Million jobs.

Obamacare being put into effect, businesses are scrambling to reduce their workforces, to work around the additional cost, that does not increase enough business to pay for it.


The crash is going to be harder than last century. Paper bills will be worthless.

[softblueyz]

Originally Posted by BentBow

Jobless numbers are out and it isn't pretty.

The markets down 700 points and now this.
Q-E has cause prices to rise.... That has been eaten.

Now tax the rich to pay for 10 days of debt interest, at the sacrifice of over a Million jobs.

Obamacare being put into effect, businesses are scrambling to reduce their workforces, to work around the additional cost, that does not increase enough business to pay for it.


The crash is going to be harder than last century. Paper bills will be worthless.

I'm thinking that the next form of currency will be buttons or stones.

I guess everyone who made a "killing" in the market should start dumping their stocks. The next four years is going to be a rough dirt road ahead.

[malamute]

Originally Posted by softblueyz

I'm thinking that the next form of currency will be buttons or stones.

I guess everyone who made a "killing" in the market should start dumping their stocks. The next four years is going to be a rough dirt road ahead.

All along the border where I live, the currency is a food stamp card and WIC coupons -- better than dollars (or pesos).

Who needs currency when one has a Medicaid card, a food stamp card, a big housing voucher for their free housing, WIC coupons? There is a large and very fast growing portion of the population that has no need for actual money, they couldn't count it or figure out what it means if their lives depended on it.