Tick tock Tick Tock On keeping track of the U.S. Debt clock.
They just don't get it. On Sept. 17 offical unemployment was about 15,031,299
unoffical unemployment was about 19,098,433
Now on Oct. 5 it is offical unemployment 15,180,394
unoffical unemployment is 19,269,274
so in about 2 1/2 weeks offically it does not look to bad only 149,095 jobs gone
unofically in about 2 1/2 weeks we have lost about 170,841 jobs gone. We are only 730,692 jobs away from 20 million jobs gone. I think that we are in a DEPRESSION and no one wants to say it. About
5 million people are not being counted. Now remember how we here at the Fools we kept saying recession a year or 2 before the FED did? Well I wonder how long it will take before they say depression. Ops it took me 5 minutes to write this and 58 more people just lovet their job.
One of the most interesting figures I have been following is the Bailout numberl. In Sept 17 it was about 11,117,896,534,776 and now it is
Then add in health care. We can't afford any of this.
Now how many unnofical people have lost their job from the time I wrote this to the time you read this. I wonder when they will start using the FEMA Camps? Anyone care to make a bet? Ech........ I think I will short homebuilders and Las Vegas.