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alstry (35.70)

Closer and Closer to 50% Unemployment

Recs

10

December 02, 2009 – Comments (6)

Unemployment Near 30% in The City of Anderson 

StarTek Closing Facility in Red River - 269 Layoffs

Wells Fargo closing 122 California offices: report

Three Lexington PNC Bank Branches

Newseum - Trims More Staff ?

Time Warner Cable 6's Newsroom - 10

United Solar Ovonics - About 90

But headlines say......

Fewest planned job cuts since recession began

Most of the millions of small business owners and independent contractors who are out of business and/or not working are never counted in the unemployment numbers.

It is not hard....under a Zombulation policy, we simply have too much of everything to service our Zombulated economy.  The problem is our economy is no longer structured to sustain massive unemployment without gutting government, health care, and the FIRE economy.......which is basically our economy.

At this point....we are being forced into fewer and fewer options........soon you too will understand Alstrynomics.

1.01.10

6 Comments – Post Your Own

#1) On December 02, 2009 at 8:46 AM, themanwon (< 20) wrote:

Thanks for the new number Alstry.  I'll see if I can play it in box for the lottery today.  01,01,10 or 10,01,01 or 01,10,01  I'll let you know if any of those senerios pans out for me.

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#2) On December 02, 2009 at 9:18 AM, alstry (35.70) wrote:

Exelon to shut four Pa. units affecting 280 jobs

Electrical demand getting so low that plants shutting down around the nation.

Again...by 1.01.10.....you too will understand that 50% of our current jobs are not necessary in the Alstrynomic Age.

For example, we are morphing to online sales.....so we don't need many of our retail stores, shopping centers, office buildings....which will result in massive tax receipt declines to our cities, counties and states.

Most of the FIRE economy will shut down as well as it will no longer be necessary in a digital economy......Finance, Insurance, and Real Estate.  Much of our current office space is consumed supporting the FIRE economy and also a signinicant contributor to tax receipts.

Our municipalities and governments  were dependent on tax revenues to service massive loans and general obligations.....when the tax receipts decline, the world's largest consumer and the biggest driver in our economy will be forced to cut back massively.

Again...it is not the end of the world, simply the end of the world as you know it.

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#3) On December 02, 2009 at 10:31 AM, freunddoggy (99.24) wrote:

Blah blah blah blah.

At some point your predictions might come true. But never forget you've been wrong on the date many times before that happens.

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#4) On December 02, 2009 at 10:47 AM, alstry (35.70) wrote:

MANY TIMES????

Alstrynomics has only given two dates.....9.09 and 11.10.9.

By 9.09 the FHA, FDIC, FNM, and Pension Guaranty was broke.

By 11.10.9 you started to Feel the impact by government starting to layoff massive numbers of workers and closing open positions.

By 1.01.10.......it happens.

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#5) On December 02, 2009 at 1:15 PM, Imperial1964 (97.92) wrote:

Closer to 50% unemployment.
Just like I'm getting closer to being 300 years old.

I won't rule out either, but they are both darn unlikely.

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#6) On December 02, 2009 at 3:48 PM, jddubya (< 20) wrote:

"Electrical demand getting so low that plants shutting down around the nation."

What a complete Idiot and outright lie.  Read the article.  The plants are 50 years old.  They are RETIRING the plants

 

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