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alstry (35.49)

Watch The Black Swans Fly In 9.09

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13

September 27, 2009 – Comments (8)

Michigan faces govt. shutdown...

Unemployment rate for young explodes to 52.2%...

Social Security strained by early retirements...

Iran test-fires short-range missiles...
'Could reach Israel'...
Revolutionary Guards begins war games...
Venezuela exploring uranium deposits with Russia...

US threatens airstrikes in Pakistan...

China launches probe into imports of US chicken...

MOAP IS OFFICIALLY HERE!!!!!!!

Unemployment OVER 50% and growing......

As Zombulation drains the world of its savings and revenues, expect tension and stress to explode around the world.  Symptomes of stress will be anger, frustrastion, and anxiety.

It will likely be visible in a number of ways including MASSIVE unemployment, military tensions, pandemics/disease, rioting/protests, financial crisis and rising defaults.

Soon you will start to see the world choosing sides.  As money runs lower and stress runs higher, it will only be a matter of time before someone screams CHARGE.

None of this was hard to see....if you take a credit dependent consumer economy, lever it up to unsustainable levels, and take away the credit.......spending evaporates and it becomes impossible to service years of accumulated debt.

When you only bail out the bankers and not the citizens as the ship is sinking, by leaving the unsustainable debt suffocating the citizens.....the outcome is clear.

THE CITIZENS DIE!!!!!!!!!!!!!!!!!!!!!!!!  One way or another.

MOAP is now here in 9.09....we have OVER 50% unemployment...we have rioting/protesting......we have a pandemic spreading rapidly........we have serious military tensions around the world......we have massive bankruptcies and defaults.......and conditions are getting worse.....unless we change the Zombulation policies and restructure.

But don't worry......Benny B says the recession is over as trade wars and protectionism rises.

Fools...Don't listen to the Doom and Gloomers or Kool Aid drinkers.......this is not the end of the world, just the end of a world as you know it.

8 Comments – Post Your Own

#1) On September 27, 2009 at 9:41 AM, Sozurmama (22.67) wrote:

jesus, youre really wringing this out huh?

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#2) On September 27, 2009 at 9:52 AM, alstry (35.49) wrote:

It is just beginning......

We now have over 50% unemployment for Americans 16-24....soon that will migrate to the rest of the working age groups as fewer and fewer can  spend and the economy as we know it evaporates.

As the tax receipts to our cities, counties and states decline to critical levels.........we are going to see some draconian steps taken to compensate...this might be unsettling for some.

We have only just started to see the protests and rioting in America as awareness of our dire financial condition starts to gain in the collective conscious.  Just wait until people understand the fundemental unfairness of bailing out the bankers and not the citizens.

You simply cannot leave a population burdened with a MASSIVE amount of debt, cut off credit to the society draining access to money, and NOT EXPECT all hell to break loose as practically everything shuts down.

How Foolish are you?

If you think this is bad......my friend, it is only the beginning under Benny B's Zombulation policies.

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#3) On September 27, 2009 at 10:44 AM, alstry (35.49) wrote:

EXPECT GOVERNMENT SHUT DOWNS TO ACCELERATE AS REVENUES EVAPORATE LEAVING MILLIONS UNEMPLOYED

CROWN POINT | Lake County Council members told fellow county officials Thursday to cut their payrolls by 15 percent, or the council will have to do it for them.

Lake County Councilman Thomas O'Donnell, D-Dyer, said that amounts to either eliminating 150 jobs or $10 million this year.

Dante Rondelli, the council's finance director, said a combination of state-mandated tax cuts, reduced investment revenue, poor tax collections and cratering assessed values have combined to reduce government income by $30 million in two years. He said one-time fixes kept county government solvent to the preset day, but more permanent fixes are needed.

If we don't restructure...practically everything and everyone will be cut.

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#4) On September 27, 2009 at 10:48 AM, alstry (35.49) wrote:

Over 50% Unemployment and Pandemic.........Cleary MOAP has arrived.

Swine Flu Surge Closes Schools, Tests Hospitals...

In Austin, so many parents are rushing their children to the Dell Children's Medical Center of Central Texas with swine flu symptoms that the hospital had to set up tents in the parking lot to cope with the onslaught.

In Memphis, the Le Bonheur Children's Medical Center emergency room got so crowded with feverish, miserable youngsters that it had to do the same thing.

And in Manning, S.C., a private school where an 11-year-old girl died shut down after the number of students who were out sick with similar symptoms reached nearly a third of the student body.

"It just kind of snowballed," said Kim Jordan, a teacher at the Laurence Manning Academy, which closed Wednesday after Ashlie Pipkin died, and the number of ill students hit 287. "We had several teachers out also. That was the reason to close the school -- so everyone could just be away from one another for a few days."

After months of warnings and frantic preparations, the second wave of the swine flu pandemic is starting to be felt around the country, as doctors, health clinics, hospitals and schools are reporting rapidly increasing numbers of patients experiencing flu symptoms.

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#5) On September 27, 2009 at 1:08 PM, checklist34 (99.79) wrote:

a black swan is something unforseeable, and unexpected.

government cash crunches, swine flu, and ongoing affectgs of the severe recession are very much expected at this time.

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#6) On September 27, 2009 at 7:34 PM, alstry (35.49) wrote:

Not the consequences of all at the same time.......both in severity and duration.

The fact that you are still calling this a Recession with over 50% segment unemployment is clear evidence of the misperception of the direction.

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#7) On September 27, 2009 at 7:41 PM, alstry (35.49) wrote:

Not to mention this little Black Swan too....

WASHINGTON (Reuters) – World Bank President Robert Zoellick said the United States should not take the dollar's status as the world's key reserve currency for granted because other options are emerging.

In excerpts released on Sunday from a speech that he is to deliver on Monday, Zoellick said global economic forces were shifting and it was time now to prepare for the fact that growth will come from multiple sources.

"The United States would be mistaken to take for granted the dollar's place as the world's predominant reserve currency," he said. "Looking forward, there will increasingly be other options."

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#8) On October 01, 2009 at 5:51 PM, jason2713 (< 20) wrote:

Well I have a job, I feel good about that :) 

When I get my pink slip, then I'll be worried.  We'll see.

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