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Non-Cattle Specific Topics
Coffee Shop
Time to Hit Lick
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<blockquote data-quote="HerefordSire" data-source="post: 695098" data-attributes="member: 4437"><p><em>That is what they want you to believe. The 9.4% unemployment rate doesn't take into consideration all of us unemployed. There are estimates the real rate is closing on 20% or higher. The reason is the reporting methods, including reasons for entitlements. There is no reliable way to determine how many actually are unemployed for comparison purposes, even taking into consideration our huge underground economy. In my opinion, if we knew the real numbers, we would see the DJIA around 5,000 right now, or at least trending the same as the 1929 market crash shown in a previous post in this thread.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 695098, member: 4437"] [i]That is what they want you to believe. The 9.4% unemployment rate doesn't take into consideration all of us unemployed. There are estimates the real rate is closing on 20% or higher. The reason is the reporting methods, including reasons for entitlements. There is no reliable way to determine how many actually are unemployed for comparison purposes, even taking into consideration our huge underground economy. In my opinion, if we knew the real numbers, we would see the DJIA around 5,000 right now, or at least trending the same as the 1929 market crash shown in a previous post in this thread.[/i] [/QUOTE]
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