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Recession fears dipped for now as both Canada and U.S. report job gains

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posted on Oct, 10 2011 @ 11:43 PM
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The Pro Global Recovery Cheer western maiunstream team cliam that fears of recession dipped
Toronto Star

Source Google




The Canadian and U.S. economies appear to be weathering the economic storm after both countries reported positive — if not breathtaking — employment gains in September, despite fears that another recession may be near at hand





Double-dip recession fears in the US have eased after a better-than-anticipated jobs report for September.






US firms created 103,000 jobs, against economist expectations of 60,000, but the additional hiring was not enough to lift the overall unemployment rate, which stayed at 9.1% for the third month in a row.




There we have it the western mainstream news is once again out of touch with reailty Recession fears dipped for now? really they have alot of peopple inculding myself feel like we are still in a Recession.
But to cliam just like the out of touch with reailty stocks have to suggest the fears of a new Recession is over?

Isnt this the same mainstream media that stated in 2007 that there wont be any Recession in 2008? well looks like there stock experts are at it again.




posted on Oct, 10 2011 @ 11:48 PM
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Let's see, 100,000 new jobs were supposedly created yet there were 400,000 new applications for initial unemployment claims.

huh?



posted on Oct, 10 2011 @ 11:51 PM
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reply to post by Agent_USA_Supporter
 




Tell me lies tell me sweat little lies. It is a good thing for the TPTB that apathy and realty TV is far more important then the things that really matter.



Everything we are being told is a lie. Question everything and trust no one.



posted on Oct, 11 2011 @ 12:06 AM
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reply to post by Agent_USA_Supporter
 


What they forget to tell you is that the growth comes from: 1) expansion of government,which sucks more tax dollars out of the system and, 2) service sector, which only consumes and produces nothing.

Maybe not, I'm just taking a guess here as this seems to be the typical pattern these days. Another bubble waiting to go 'POP' for sure as 'real' jobs continue to be either outsourced or replaced by technology in a futile race to the bottom to save money.



posted on Oct, 11 2011 @ 12:59 AM
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reply to post by Agent_USA_Supporter
 


One day a positive truth will be announced by the governments..........

and I won't believe the reports, because I've been lied to, for far to long, to accept that the lies have stopped now.




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