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alstry (35.28)

Your ENTIRE Net Worth Depends On ENOUGH People Having Jobs

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August 23, 2011 – Comments (2)

The value of your house....the value of stocks and bonds.....it all depends on enough people having jobs....

If you look back in history(and history is ALWAYS right)...when people did the work, most of the time people were always able to trade their work for something....money, food, shelter etc.....

Today, more and more work is being done by machines....over half a million postal workers are being replaced by eMail/eMessaging......millions of bank employees are being replaced by digital banking......we could go on and on......as technology is replacing jobs at ever increasing rates....

Machines are far more efficient than people......as evidenced by HFT trading......and as time moves forward, they are more reliable and becomingincreasingly  more intelligent in functioning.

So now we all have to lie, cheat, and steal to maintain the illusion that everything is OK......and as our fellow citizens get cut off......we say nothing.  The guilt must be tremendous....

The Gardner Bros tell you to invest in a market where we know the banks and ratings agencies are lying....who says the officiers and directors aren't lying either?  It appears to be the culture.....and a culture we have embraced so long as we can continue to function....regardless of what happens to those around us.....

Well soon you will realize that those around you do matter.....and whether enough of them have jobs determines the value of essentially EVERYTHING you have.....and when enough don't have jobs....you too will be broke, no matter how much you think you have....

2 Comments – Post Your Own

#1) On August 23, 2011 at 12:23 PM, alstry (35.28) wrote:

As technology keeps getting better, more and more jobs will be replaced by machines....

UBS to cut 3,500 jobs to save 2B francs

and home values will keep dropping....

July New Home Sales Fall for 3rd Straight Month

but nobody has a clue what the computers will do with the stock market....and unless the government borrows/prints trillions of dollars to maintain the illusion of a functioning industrial economic system....the system will collapse.

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#2) On August 23, 2011 at 12:26 PM, alstry (35.28) wrote:

At some point, you will care because it will affect YOU!!!!!

Bluescope Steel Ltd - 1,000 Layoffs, and Close Operations

Lancaster Ohio - 20 Firefighter Layoffs Possible

L.A. Darling in Corning AR - 140 Possible Layoffs

Broward and Palm Beach counties - 60

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