The only thing that has kept our economy out of the dumpster the past 2 years is the consumer.
We've been hit by high fuel costs and we know this hurt retailers like Wal-Mart. Oil prices are going higher again.
But the job creation trend is now clearly down. If it turns negative, we are headed for a serious downturn. Look 6 months out. Do you want to hold or take profits?
<id like to take this time to thank fan for his input on glw wait halted news pending the input fan has done was to put his penis in a strange mans ass>
Huh? transrate that into engrish for me will ya? stupid
"We've been hit by high fuel costs "
2~3 dollar gas adjusted for inflation is cheap compared to the 25 ~35 cents a gallon I was paying in 1970 when I was making 8K a year and could buy a new 3 bedroom "Vern Donney" rambler, in Apple Velley, for under 20K.
Dude, in 1970 the average American had zero credit card debt and zero bank loans other than their mortgage.
Today's consumer is indebted at record levels. Everyone has an entitlement attitude and buys beyond their means using credit.
This credit bubble will burst just like the housing market.
yes folks it's that time again as hiya defends his 2 day winning streak here on gay jeapordy.
Alec: so hiYa, how does it feel to be two time defending champ here on gay jeapordy.
HiYa: it feels good Alec...really really good. would you like to see.
Alec: ok hiya put the worm away and let's play
HiYa: i'll take gay speak for 1000 alec.
Alec: the answer is....what is gay speak for 'it must have been something i ate"
HiYa: another easy one Alec: that would be 'what is <did you swallow a bad load>
Alec: thats RITE hiya, you're amazing you've just run the column.
Hiya: i'd like to show you how amazing i can really be Alec.
2 be continued as
" Move to Europe you pessimistic loser where you'll fit in perfectly."
Like France. They need younger slaves to prop up their workforce. They are importing Islam workers. Meanwhile their overall unemployment ranges from 10 to 15% depending on who you belive. Over 20% for younger people. But they have to import workers to do the work.
And they have near zero economic growth. Much of old Europe is not far behind with their socialist system.