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From a technical standpoint as it relates to GDP, we are out of the recession. As in, we are not dropping any more. The economy can still suck and we could be out of a recession.
That does not mean that we cannot slide back into one.
Benjamin Shalom Bernanke is a tool of the Rothschilds. Anything that he says or does is simply because of orders handed to him from the Chosen Family. Remember he sits on a Board and is at the mercy of the Board. Americans should stand and oust the Chosen Family and friends because until we do any "government" is powerless to do anything against their wishes.
"Give me control of a nation's money and I care not who makes her laws."
Mayer Amschel Rothschild
Well considering that "our" dollar was originally 1/20 an ounce of gold the current value would be at roughly 50 dollars. Hmmm, the Rothschilds must be doing well with the other 49 dollars huh? "Our" dollar is now worth 1/1000 an ounce. But we can thank the Rothschilds for making the dollar worth more than the 3 cents worth of material it is made out of though. Without our guarantee of "human capital" our dollar is really only worth about 1/33000 of an ounce of gold. Unless you think that is has an "artistic" value
Benjamin Shalom Bernanke is a tool of the Rothschilds. Anything that he says or does is simply because of orders handed to him from the Chosen Family. Remember he sits on a Board and is at the mercy of the Board. Americans should stand and oust the Chosen Family and friends because until we do any "government" is powerless to do anything against their wishes.
"Give me control of a nation's money and I care not who makes her laws."
Mayer Amschel Rothschild
And this is because what, he has a Jewish name? Not that this means anything, but he's also a native the Deep South (and not Atlanta or anywhere with "northern influence" either and rare for someone Jewish), does that make him a "tool" of anything either?
Regarding the other posts, both in the early 90s and the post-9/11 recession unemployment lagged the "technical" definition of a recession by 1-2 years. Even in the early 80s recession after about 2-4 years unemployment did get down to those 5% levels so what's being said is not impossible.
I do believe we're out of the threat of a "2nd Great Depression", but not completely out of bad economic times. I think what we're going thru is a smaller faster version of the 1930's, aided by our fast, hi-tech communications. I think we went from 1929-32 in about a year, and we're now in the mid-30s "recovery" period, where we have to be careful about policy and avoid a "double dip" recession (back in the 30s the economy went very sour again by 1937 and didn't bounce back until WW II).
Benjamin Shalom Bernanke is a tool of the Rothschilds. Anything that he says or does is simply because of orders handed to him from the Chosen Family. Remember he sits on a Board and is at the mercy of the Board. Americans should stand and oust the Chosen Family and friends because until we do any "government" is powerless to do anything against their wishes.
"Give me control of a nation's money and I care not who makes her laws."
Mayer Amschel Rothschild
Let's see how we arrive at that number (which would still be 10% not working the way we curently fudge the number).
Do we start another "Boom" to compensate for the fact we've lost our industrial base?
And since that seems the only viable option since we will not protect even our new-economy industries( Remember those "Green Jobs", the ones that couldn't be offshored? Well, China is busy building turbine factories as we speak, using its 13-cent per hour labor advantage.) where will the speculative capital come from?
And how soon before it leads to an even greater "Bust"?
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He also predicted the unemployment rate will go down to 5% in 4 years....
