Link:http://kingworldnews.com/state-of-the-world-after-6-years-of-zero-interest-rates-4-trillion-in-qe-and-20-trillion-of-global-stimulus/
Snippet:
He said when the financial crisis began in 2008 we had 23 million full time jobs in America. Today there are only 21 million. Over that same period the population has grown more than 20 million. In April full time jobs declined by -252,000, the most in nearly a year, while part time jobs rose by +437,000, the most since last June. There is something seriously wrong with that scenario and we should not be celebrating a Goldilocks number.
Comment: it is hard to know where to start, but here goes.
First of all, the financial crisis did NOT start in 2008. It culminated in 2008 after being exposed to a 95 year old fraudulent "Ponzi" scheme. (Any schoolboy will tell you that you can never settle a debt situation by taking on more debt. WAKE UP! It eventually has to end. It doesn't work.)
Next, we have a country of in excess of 320million people and only 23 million have full-time employment? I wonder how many of them are employed by a level of government, federal, state, municiple etc. And how many of them are none-producers like financial experts, teachers, accountants, police, doctors and nurses, firefighters etc.
It doesn't leave many does it?
Reminds me of that time-old joke that end with "You and me" and you're not pulling your weight.
"We live in interesting times"
Good Luck to all!