Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and 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. 

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