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Our economic slump is pushing four years now. The evidence is easy to find: huge deficits, slow growth, mortgage defaults, declining real estate prices, high unemployment  

By: capt_nemo in ROUND | Recommend this post (1)
Fri, 06 Jan 12 7:19 AM | 45 view(s)
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http://www.zerohedge.com/contributed/three-long-waves


OOPS,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,LOL


Pemaquid
Pemaquid's picture

An overabundance of lawyers should equate to lower salaries. But, that only happens in a capitalist society.

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Thu, 01/05/2012 - 22:30 | 2037955 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Bruce, I agree with your assessment of douche bags (I meant lawyers) and labor participation. As for rents rising, it will be limited. Unemployed people can only pay so much in rent. My guess the rise from last year in rent was temporary.

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Thu, 01/05/2012 - 22:22 | 2037936 ihedgemyhedges
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Hope you're not trying to get us to feel sorry for lawyers, BK. Cause I bet the unemployed ones think they can get a free bankruptcy (do it yourself with your great law degree) and then they learn that student loan debt isn't dischargable in bankruptcy. I can just hear 'em all now: "DAMN IT, WHY DID I HAVE TO BE HUNG OVER DURING THAT CLASS?!?!?!?!"

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Thu, 01/05/2012 - 22:12 | 2037915 uncletrader
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Too...many....jokes...must...mock....lawyers....




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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