Economic Depression's Lost Generation! Operation Twist is QE3?!

my commentary (and jokes) about the Federal Reserve's Operation Twist (Quantitative easing 3), unfunded public pension plans, the bailouts and the depression's impact on young Americans.

Census: Recession taking toll on young adults
http://hosted.ap.org/dynamic/stories/U/US_CENSUS_RECESSIONS_IMPACT?SITE=AP&am...

Fed's 'Operation Twist' Plan Could Hurt Pension Funds
http://www.huffingtonpost.com/2011/09/22/feds-operation-twist-plan_n_975501.html

Category:

Education

Tags:

• Centonia
• DEMCAD
• Reginald
• Kaigler
• QE
• Quantitative
• easing
• single
• mothers
• Marriages
• fell
• recession
• depression
• lost
• generation
• pension
• plans
• unfunded
• Fed
• young
• Americans
• unemployment
• jobless
• jobs
• job
• 20s
• 30s
• married
• delay

[a10fjet]

High. So the doctor who is reviving a patient with electroshock is insane?

[DEMCAD]

@a10fjet No, because electroshock sometimes work. lol

[Gallimaestro]

@DEMCAD Sadly, also true. But on the bright side it does weed out any potential gold diggers or the convenience marriage types. Though finding a supportive wife in this day in age is an effort in futility.

[mutley2209]

@mutley2209 the UK is now back in recession as are many other countries, with major European banks receiving downgrades & US banks money tied up in them 2012 will see the start of a new global depression as a second major round of bad debt hit's every country including China where there's fear that they can no longer afford to be the worlds credit card. The lost generation will spend the next decade trying to get on their feet and that will hurt everyone else in the process including the rich

[mutley2209]

@mutley2209 i'm in a small town in South Wales, the average income before the recession was £12,000/$18,000 a year today that for many people is even lower and unemployment here is high with hundreds applying for a simple retail job. So now i've been out of work for a year, i waited six months after leaving uni before applying for unemployment because i never wanted to have that label attached to me but facing a financial black hole i gave in. 2012 will just get worse as the recession deepens

[mutley2209]

@mutley2209 so after being made redundant from the first job i'd had for a long time where i was having 12 hour days including a two hour commute and then working on the weekend it all came to nothing because i lost my job. If i could've found work when i started uni i could've paid it, also my parents lost their business and home only just avoiding bankruptcy so i have no financial support from them in fact most of my loan each year would go towards keeping food on the table. Continued....

[mutley2209]

i'm 25 and would describe myself as being part of the lost generation. In

September 2008 i enrolled in university full time 9-5 with a tuition fee that i differed, one week later the recession started. i was out of work for about 15 months until getting a job working evening & weekends while doiung uni 9-5 +2hr commute. After working there for 11 months i was made redundant, this was a year ago, because i couldn't pay the tuition i owed i had to leave shortly after loosing my job. continued...

[gbarber1000]

I agree with the re-naming scam "money" attempts to build our economy. You can create anything, & call it what the hell ever. Doesn't matter. All in the end, you have to pay the debt back, there is no way around it. You are made me laugh soo hard at the end of your video, I mean what else can you do, but laugh. It's too late for anything else. So you might as well laugh. I kind of figured one day every one would piece it all together, but I also had a feeling it would be too late as well.

[Mrvoid100]

I couldn't agree with you more Demcad, I'm 32 now and I'm living with my mom I know it sucks and I'm a loser lol. But I'm going to school and trying to prepare with limited space of my bedroom, I hope I can get a job in law when I get out if not, I'm going to take your advice in another video about refining building and repair skills.

[rushin2]

he's got his backpack ready... He is "good to go..."

[Boozebegood]

do the twist like we did last summer, yeah do the twist while they kill the dollar, twister time is here! oh after this dumb name who still thinks obama had no knowledge about fast and furious, hell hes probably one naming them

[Gabbo2010]

You failed to realize that your debt laden country depends upon the good will of other nations, now other nations hate America because of the arrogant and racist aggression you wrought on other nations, and see no reason to keep you afloat. China already is starting to unload its debt into more tangible assets, China will grow without America. Europe will also do the same, get used to seeing America more like a Latin American shithole than a world power.

[Gabbo2010]

Lets face reality as to why America is falling apart, 10 years ago you had a bubble dot come economy, people had jobs were doing well and America seemed to be on a roll or so you thought, America was an unmatched world power back then, then 9-11 happened and you trigger happy Yanks decided to bomb countries, help Israel bomb its neighbors, and you wound up neglecting your rapidly deteriorating economy, there was no net job growth since 2001.