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They are using poor indicators to promote growth. Any difference of means test for sales, lending or borrowing will reveal a more accurate description of the situation. Use a standard level of significance, 0.01. Monthly comparisons only.
Kroger43 2 years ago
this is really fucking funny. force the banks to lend ? LOL !!! maybe the banks just might and lend it to welfare recipients !
stonerj0e 2 years ago
If banks collapse what will happens to us? Are we going to die from not borrowing? Or are we going to die from not spending beyond our means?
moniequa 2 years ago
what a waste of time. the govt KNOWS they're insolvent. they're simply buying time. let them fail and let the solvent banks absorb the business and let the investors fail. quit trying to shift all the risk to the taxpayers.
ddubrul 2 years ago 3
Unemplyment today april 9 2009 is not 8% it is 16%. Home prices are down 66% and our ngp or growth is neg 18% you fig it out. lol
golfprobro4eagles 2 years ago 3
You sure about those number's? Because I watched cnbc today and they where saying it aint so......
kultbagusa 2 years ago
All the numbers they tell you are BS.
Their numbers for unemployment, do not include those not collecting unemployment or those who have stopped recieveing it, those who aren't looking for work, people who are working part time because they can't find full tiem work. They also don't account for all the jobs where employees' pay has been decreased
Take a look around your neighborhood. Home sales are happening but the price of the homes are down at least 60% from early last year.
golfprobro4eagles 2 years ago
They stopped reporting M3, they amount of how much money they are printing. Also,They have been printing BILLIONS of dollars. They are printing so much money, that is inflation. Their numbers for inflation and GDP do not include energy, gas,housing, or food. Does that make any sense? Those are the three most inflationary items in our budget.
If you want to know the truth, just watch 6 min with Michael Hudson on Youtube.
golfprobro4eagles 2 years ago
This has been flagged as spam show
I heard that a lot of people have been taking their money out of Citibank this week as many think that the bank will fail. I am going to take mine out today. I don't want to deal with the FDIC.
ijnr 2 years ago
Gotta love those banks! :)
JohnStumpfWF 2 years ago
LOL, stress test.. From whom?Government.. LOL! It is the market that is stress testing them and breaking them into brittle peaces already.
maypmayo 2 years ago 2
wow!!
elvemageTV 2 years ago
wow!!!
elvemageTV 2 years ago