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Re: Jobs report

By: faul in ALEA | Recommend this post (0)
Fri, 06 Apr 12 8:56 PM | 47 view(s)
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Msg. 07221 of 54959
(This msg. is a reply to 07220 by Cactus Flower)

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Hi Alea.....

The nature of a person who holds gold as opposed to Fiat
paper has nothing to do with insects & all do to with the general
distrust of Central banks,Governments & Politicians etc....

I prefer to be my own central banker rather than trust the
above.....

The Fed has spent trillions as have all central banks these
past 3 years & all they achieved is to kick the can down the
road 3 year.....creating an even larger debt bubble.

Conspiracy theorists will tell you this is just central bank planning
to bring about a world wide economic disaster......create a problem,
wait for the reaction & then provide the solution........

Doma.


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The above is a reply to the following message:
Re: Jobs report
By: Cactus Flower
in ALEA
Fri, 06 Apr 12 8:27 PM
Msg. 07220 of 54959

Hi doma,

I guess it is the nature of gold bugs to foresee doom in the world and misery in every statistic.

I still take courage from the trend. But I don't refute the fact that recovering from a failure of the type we recently experienced is a difficult thing and I'm surprised that job growth has been as consistently positive as it has been for as long as it has been, while being hampered by the insistence on austerity by so many.

If only the government could stimulate the economy with another $1/2 trillion of programs. I'd love to see a North American monorail network established, major incentives to use alternative energy, a smart grid and a commitment to online security amongst other things.


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