Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Saturday, March 09, 2013
Trust me, this time it is NOT different............
The MAJOR difference between this bubble and others is that this is completely unnatural. There's no natural demand or boom in a business cycle. It is pure unadulterated manipulation of the markets with monetary policy. That's all it is.
The decrease in the unemployment rate comes from people who are not looking for jobs because they are on disability or given up hope or simply are making too much money on the dole. The numbers are designed to show that when the unemployment rate goes up, they can attribute it to the fact that the survey was taken before sequestration, so that when they report worse numbers in the future they can say it was because of the effect of reducing government spending.