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The Fed's 3rd Mandate & The Value Of Cash

By: micro1 in POPE IV | Recommend this post (1)
Fri, 24 Jun 16 5:44 AM | 48 view(s)
Boardmark this board | POPES NEW and Improved Real Board

Msg. 08020 of 47202
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Jan 2008: Bernanke "The Federal Reserve is not currently forecasting a recession." Jun 2008: Bernanke "The risk that the economy has entered a substantial downturn appears to have diminished." Jun 2016: Yellen "chances of recession this year are 'quite low'... The U.S. economy is doing well. My expectation is that the U.S. economy will continue to grow." Channelling Bernanke?

http://www.zerohedge.com/news/2016-06-23/feds-3rd-mandate-value-cash

DUMBASSES. There is NO eCONomy. Its all a facade....

Closures. This doesn't happen in a thriving eCONomy..........

GE announces that they are closing down three Alstom facilities in Chattanooga

GE Appliances plans to close its Bloomington Ind. refrigerator plant- 329 Jobs Lost

Sears location at 130 N. Main St. in El Dorado KS

OfficeMax Store at 128N. Fair Ave Yakima Wash.

Regency Hospital of Fort Worth - 152 Layoffs

Ryder Integrated Logistics will close its Charlotte facility at 11515 Granite St - 124 Jobs Lost

Kroger closing its store on Orchard Lake and Maple Rd West Bloomfield Mich.

Coffee People closing last 5 Locations

Cascades Inc. says it is closing Cascades Auburn Fiber - 45 Layoffs

http://www.dailyjobcuts.com/

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