dex
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Oct 28, 2003
- Messages
- 5,105
I'm hoping this and similar Depression type threads are a sign of a bottom in the stock market.
Me too.I'm hoping this and similar Depression type threads are a sign of a bottom in the stock market.
Don't hold your breath. May think that when there is pessimism around, the bottom must be near. Often his is far from true. Not everybody is stupid, so some will always be pointing in the right direction.I'm hoping this and similar Depression type threads are a sign of a bottom in the stock market.
Or maybe the people who borrowed did so repeatedly? If I borrow from two different people, that's two lenders and one borrower...Interesting that 49% reported loaning money to someone while only 24% reported borrowing from friends/family. Are we to surmise half the folks who loaned money did so to strangers? Or maybe twice as many folks borrowed money but won't admit it?
Maybe 24% borrowed from two friends/relatives apiece.Interesting that 49% reported loaning money to someone while only 24% reported borrowing from friends/family. Are we to surmise half the folks who loaned money did so to strangers? Or maybe twice as many folks borrowed money but won't admit it?
And let's not forget how much the official numbers understate actual unemployment and underemployment. 9.5%? I'll bet the real number is north of 15% if you include *everyone* currently hoping for full-time work and can't find it.Another chart. Long term unemployment was/is really bad this time.
No argument from me on that one!And let's not forget how much the official numbers understate actual unemployment and underemployment. 9.5%? I'll bet the real number is north of 15% if you include *everyone* currently hoping for full-time work and can't find it.
And let's not forget how much the official numbers understate actual unemployment and underemployment. 9.5%? I'll bet the real number is north of 15% if you include *everyone* currently hoping for full-time work and can't find it.
Yep. U6 is what, something like 16-17% last time I checked?Also, I think the government change the primary number from U6 to U3 so you have to be careful when comparing numbers. I think the change was made in '94.
Yep. U6 is what, something like 16-17% last time I checked?
The number of workers only able to find part time jobs (or have had their hours cut for economic reasons) was at 8.63 million in June. This was a slight decline from May - and was a little bit of good news.
The all time record of 9.24 million was set in October.
These workers are included in the alternate measure of labor underutilization (U-6) that was at 16.5% in June.
These folks put 20% down and still walked away. Yikes!
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