Obama's Illusionary Recovery Is Being Ripped Apart
Someone dumped 2 billion of notional gold onto the market to bring the gold price down. Unemployment rises to 5.0%. The economic recovery illusion is being ripped apart. People are now getting 1,2 part-time jobs to make up for their full time job they lost. Labor participation rate increases as more people fall out of the job market. US lost more manufacturing jobs and gained low wage jobs. Wholesale inventories signaling a recession. Deutsche bank trying to find funds to keep it operational. The US is terrified of the Russian/Chinese silk road.
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Posted by Nicole Bourbaki