Originally posted by Erasurehead
As stated in the article the real unemployment number is around 16.5%. That is a staggering amount of US workers out of work (about 25 million
people!).
[edit on 7/14/2009 by Erasurehead]
I agree with your assessment but the mainstream press shows that
the current numbers are being manipulated and it is MUCH worse
than the 16.5% U6 numbers.
I am friggin amazed CNN let it be printed.
True U6 rate without manipulation is
near 21%
William's SGS-Alternate Unemployment Measure rose to a jaw-dropping 20.6%
We have the FDIC saying that they are on the verge of closing
hundreds of banks in short order.
Bank shutdowns to increase 10 fold
We find out the two japanese men with the supposed fake
$134 billion in US bonds in italy were released because they
committed no crime.
2 japanese that had supposed illegal bonds are released
???
We find out bankimplode.com shows 348 banks in the red and
orange zone, red being technically already failed.
US embassies being told to horde foreign money due to coming banking
shutdown
US foreign embassies are being told to store up 1 years worth
of foreign currency due to the earlier mentioned long term
bank closure.
Prepare accordingly !
Good Luck to you all !
[edit on 19-7-2009 by Ex_MislTech]
[edit on 19-7-2009 by Ex_MislTech]