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A recovery since 2007 ????


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#1 nimblebear

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Posted 24 March 2014 - 10:16 PM

Try a depression, papered over by QE.

The real results show up at the consumer level.

AND this decrease is NOT from new car efficiency folks....

2007 Retail sales 60,000 gallons of gasoline daily.

2014 Retail sales 20,000 gallons of gasoline daily. (its no wonder we are almost near producing enough oil, as to what we consume. Consumption has dropped big time, and we are close to becoming a net exporter of energy).

Still believe the unemployment numbers and 6.5 % ? (try 23%)

Number of working age unemployed ? Try 110,000,000.

People who have no jobs, aren't driving. People who have jobs are driving less. (less disposable income)

Why are housing sales so depressed still ? Why is both consumer debt and federal debt still increasing at such a rapid pace ?

Why does QE have to still exist in massive quantities ?

Why is money velocity (M2) still cratering to new lows ?

How is it that the monetary base expansion is not causing inflation ?

Why have China exports collapsed, as well as the growth in their economy ?

Walmart's now reporting in its huge list of earnings warnings, and myriad of disclaimers, that declining food stamp funding is one of those risks. Food stamps ??? Freaking food stamps ??? surely, Walmart, you can't be serious ! If the biggest and one of the cheapest retailers, is now warning about food stamps affecting their earnings, its really hard to suggest that this economy is in any sort of recovery or imminent growth period.

if you are making $100,000 or more, or live in communities where many of those types of incomes exist, you are not likely witnessing much of the above, or able to observe with any level of perspective. But if you drive out into the one of the many towns or cities who aren't like this, you'll begin to realize how much of this country is just not recovering. 5 years after a so called market bottom, or economic bottom.

http://jessescrossro...ales-since.html

There are only so many manipulations and fabrications that the government can try to do in attempt to obfuscate and keep the sheeple blind. The gig is up folks. They can keep goosing stocks all they want.
OTIS.

#2 nimblebear

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Posted 25 March 2014 - 10:06 PM

Follow up. Sorry but the daily retail gasoline figures in my prior post were in error. The source pulled his erroneous report. They've dropped a lot since a peak in 2005, and are back at 1998 sales levels.
OTIS.

#3 James Quillian

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Posted 27 March 2014 - 10:14 PM

There are oddities most everyone has gotten used to. If certain things are odd for long enough, no explanation is expected and those things get deemed as meaningless. Participation in this bull market has been sparse. Stock ownership is now centralized and corporations are investors in their own stock more now than ever. With the first yikes moment there will be no buyers. There are no buyers to speak of as it is.


Try a depression, papered over by QE.

The real results show up at the consumer level.

AND this decrease is NOT from new car efficiency folks....

2007 Retail sales 60,000 gallons of gasoline daily.

2014 Retail sales 20,000 gallons of gasoline daily. (its no wonder we are almost near producing enough oil, as to what we consume. Consumption has dropped big time, and we are close to becoming a net exporter of energy).

Still believe the unemployment numbers and 6.5 % ? (try 23%)

Number of working age unemployed ? Try 110,000,000.

People who have no jobs, aren't driving. People who have jobs are driving less. (less disposable income)

Why are housing sales so depressed still ? Why is both consumer debt and federal debt still increasing at such a rapid pace ?

Why does QE have to still exist in massive quantities ?

Why is money velocity (M2) still cratering to new lows ?

How is it that the monetary base expansion is not causing inflation ?

Why have China exports collapsed, as well as the growth in their economy ?

Walmart's now reporting in its huge list of earnings warnings, and myriad of disclaimers, that declining food stamp funding is one of those risks. Food stamps ??? Freaking food stamps ??? surely, Walmart, you can't be serious ! If the biggest and one of the cheapest retailers, is now warning about food stamps affecting their earnings, its really hard to suggest that this economy is in any sort of recovery or imminent growth period.

if you are making $100,000 or more, or live in communities where many of those types of incomes exist, you are not likely witnessing much of the above, or able to observe with any level of perspective. But if you drive out into the one of the many towns or cities who aren't like this, you'll begin to realize how much of this country is just not recovering. 5 years after a so called market bottom, or economic bottom.

http://jessescrossro...ales-since.html

There are only so many manipulations and fabrications that the government can try to do in attempt to obfuscate and keep the sheeple blind. The gig is up folks. They can keep goosing stocks all they want.