yep, thats what people do not realize this time. they are using historical things that have happened in the past and making the assumptions that they will happen in the future. problem is, one thing has changed and that is that the corporations are either moving jobs offshore, or laying off and not rehiring.
that changes the equation and to base your future plans on the old things happening in the future is going to get a lot of people in a lot of financial trouble. I did a study sometime back and wrote an article about it.that you can read by clicking on the following link http://keepamericaatwork.com/?p=667 Basically it shows how if you take the gdp of the top 5 countries and divide it by their population you come up with what I consider their buying potential, or earnings potential. then if you take these 5 numbers, total them up and divide by 5 you get a figure where they will stabilize at with all of these countries sending their jobs offshore to the cheapest bidder. Basically America is at about 46,000 America will end up at 24,200 If this is true, do you still think you will be able to afford the mortgage on that 200 - 500,000 house? On 3/24/2010 1:37 AM, Pete Theisen wrote: > Virgil Bierschwale wrote: > >> actually I said free, but only for people on this list.. >> Old movie line? >> lost me there, because if you're talking about mad as hell, I got that >> from robert reich and the article that I received via RSS. >> As a matter of fact, here is the article >> >> http://keepamericaatwork.com/?p=7168 >> >> Don't watch much tv, so I may or may not be guilty. >> > Hi Virgil, > > http://www.imdb.com/title/tt0074958/plotsummary > > Robert Reich? Explains a lot. He quoted the line without crediting it. > He has a point with this jobs vs. stock value article, though: > > http://robertreich.org/post/257310728/the-great-disconnect-between-stocks-and-jobs > > > > > No virus found in this incoming message. > Checked by AVG - www.avg.com > Version: 9.0.791 / Virus Database: 271.1.1/2766 - Release Date: 03/23/10 > 14:33:00 > > -- Virgil Bierschwale Vets Finding Vets <http://www.VetsFindingVets.org> Keep America At Work <http://www.KeepAmericaAtWork.com> --- StripMime Report -- processed MIME parts --- multipart/alternative text/plain (text body -- kept) text/html --- _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
