I must say that I'm totally flabbergasted that the Capital Markets are doing so well. Its a tribute to the Global Market Manipulators, just like in the good times that can operate in any climate.
Why is it that Spain can have a 18.5% unemployment rate, but their stock market is outperforming France, Germany, & England? Why is it that the US Dow & SP are doing just find when true US unemployment is well above 10%?
I think I have finally come to the answer, the worker has become irrelevant, and thus the consumer when it comes to a companies profitability. Corporations around the World don't need huge market share if they keep more efficient control of costs, thus I unfortunately suspect that jobs are not coming back, especially the high paying middle class "white collar" ones! Gone forever, I'm afraid!!
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